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Bitcoin
Long
Updated

Bitcoin Analysis SIMPLEST WAY

299
Now BTC breakout falling wedge pattern, and its buy time. Many patterns formed in 1 hour time frame. BTC still inside the Channel pattern.
Order cancelled
Break that Retest Zone. Wait for closing, may be Fakeout or Continuously fall
Trade active
Still inside that structure. Falling wedge change into Down Trend Channel.
Trade active
BTC Bounce, after reach the Channel Bottom Line
Trade active
Now BTC Reached Channel Bottom Line (Blue Line) and this is Double Bottom also.
Trade closed: target reached
Reached Previous High
SasikumarMani
Also on:
Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsHarmonic PatternsTrend Analysis
SasikumarMani
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.