Now BTC/USD chart are in big triangle pattern.
BTC/USD just touched bottom trend line.
It rebounded
this level is very strong support line with double bottom.
And the volume of sell was not enough.
but I can't have confidence that BTC/USD chart will soar...
Now we can assume two cases with up or down price.
If BTC price soar with breaking big triangle pattern, inverse head-shoulder pattern can be completed.
It is very strong buying signal.
If BTC price plummet with breaking the pattern, I have to prepare new low price T.T
BTC/USD just touched bottom trend line.
It rebounded
this level is very strong support line with double bottom.
And the volume of sell was not enough.
but I can't have confidence that BTC/USD chart will soar...
Now we can assume two cases with up or down price.
If BTC price soar with breaking big triangle pattern, inverse head-shoulder pattern can be completed.
It is very strong buying signal.
If BTC price plummet with breaking the pattern, I have to prepare new low price T.T
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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.