BTC Current data analysis / is the danger over?
If the current 4-hour candle closes over an 8-hour candelabra, a bullish inversion pattern is formed. While there has been a rise in the currency index, candles have fallen. Such a positive mismatch
I know it's too early to say that now, but it's pulling a shark or bat mould again up to the price of 54K. So I advise you to be careful after 53K. Keep your stop level above 52K just in case.
Each pattern certainly indicates the pregnancy of the next pattern. The newly created pattern gives broad signal information about the subsequent patterns to be formed. Now, if we draw a simulation, I think I can predict 3 patterns that will occur after this pattern. But it wouldn't be wise to talk about it now.
Now I think we can get rid of the panic mood. If the signals and formations don't mislead us, the danger seems to have passed.
Note: This is not investment advice.
I know it's too early to say that now, but it's pulling a shark or bat mould again up to the price of 54K. So I advise you to be careful after 53K. Keep your stop level above 52K just in case.
Each pattern certainly indicates the pregnancy of the next pattern. The newly created pattern gives broad signal information about the subsequent patterns to be formed. Now, if we draw a simulation, I think I can predict 3 patterns that will occur after this pattern. But it wouldn't be wise to talk about it now.
Now I think we can get rid of the panic mood. If the signals and formations don't mislead us, the danger seems to have passed.
Note: This is not investment advice.
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