Accumulation in progress, I see BULL taking Over.
Updated
Patterns under view are:
Corrective Symmetrical Triangle pattern which price breakout already with 3 different re-test attempt and all were not successful. This Validate the authenticity of the trendline and turned into very strong SUPPORT Line.
Accumulating Triangle Pattern, this is where we are now with price reaching almost the end of the pattern which will result into major impulsive move. More so, taken into account the baseline of this triangle has shown serious strength in the past acting as both support and resistance, but this time its acting for SUPPORT.
Potential Inverse Head and Shoulder Pattern this formed base with previous higher low and if the pattern complete may energize potential Bullish sentiment to the market.
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Corrective Symmetrical Triangle pattern which price breakout already with 3 different re-test attempt and all were not successful. This Validate the authenticity of the trendline and turned into very strong SUPPORT Line.
Accumulating Triangle Pattern, this is where we are now with price reaching almost the end of the pattern which will result into major impulsive move. More so, taken into account the baseline of this triangle has shown serious strength in the past acting as both support and resistance, but this time its acting for SUPPORT.
Potential Inverse Head and Shoulder Pattern this formed base with previous higher low and if the pattern complete may energize potential Bullish sentiment to the market.
To learn more about our trading idea kindly Join our discussion room.
Please share your thoughts about it and support my post with your LIKES if you think it's useful.
Thanks
Trade active
I show section with Inverse Head and shoulder pattern. The previous pattern lead us to 8400$ zone.Trade active
Daily candle closed bullish we may have little retracement to re-test 6380 area before next leg up.Kindly, LIKE, FOLLOW & COMMENT on the post
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Trade active
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BTC short term exhibit potential drop which serves as retracement to yesterday bullish move.Trade active
Trade active
Trade active
Trade active
Daily candle closed good again, we may see good rise todayTrade active
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