BTCUSDT "Double bottom" and growth to$32k or sharp drop to$12k ?
We will traditionally start the new trade week with a fresh idea of BTCUSDT
Although nothing has fundamentally changed since the publication of our previous BTCUSD idea, where we published information on how the price of BTC changed on a monthly basis starting in 2013.
So, for a previous week, buyers diligently close each daily candle above the critical point.
The probability of the formation of a "double bottom" pattern is emerging
The goal of working out such a pattern is +/- $32,000 per Bitcoin
Confident fixation of the BTCUSDT price below the critical point is carte blanche for the continuation of the downward trend.
Today an indicator was also added to the chart, which shows the delta of trading volumes in a specific price range.
As of 05/09/22, the deviation in the direction of purchases is +1%, and this includes the volumes of the strait 06/13/22
And if we have correctly configured the indicator, then the trade delta data will be constantly updated as long as this idea exists.
Therefore, we think it is worth subscribing to this idea by liking it and writing a comment about what you expect from the cryptocurrency market in the near future.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Although nothing has fundamentally changed since the publication of our previous BTCUSD idea, where we published information on how the price of BTC changed on a monthly basis starting in 2013.
So, for a previous week, buyers diligently close each daily candle above the critical point.
The probability of the formation of a "double bottom" pattern is emerging
The goal of working out such a pattern is +/- $32,000 per Bitcoin
Confident fixation of the BTCUSDT price below the critical point is carte blanche for the continuation of the downward trend.
Today an indicator was also added to the chart, which shows the delta of trading volumes in a specific price range.
As of 05/09/22, the deviation in the direction of purchases is +1%, and this includes the volumes of the strait 06/13/22
And if we have correctly configured the indicator, then the trade delta data will be constantly updated as long as this idea exists.
Therefore, we think it is worth subscribing to this idea by liking it and writing a comment about what you expect from the cryptocurrency market in the near future.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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