Traditionally, Bitcoin has revisited the key support level around 61.8% Fibonacci retracement before launching another leg up. This time might be similar. We recently saw a double top pattern confirm (daily close below $56,434) which suggests a trend reversal. If the historical pattern holds true, this could be a sign of a correction before another uptrend. If...
Inverse head and shoulders confirmed but needs more conviction by getting a higher high.
A doji candlestick pattern is a type of candlestick formation that occurs when the opening and closing price of an asset are very close to each other, resulting in a candlestick with a very small real body. This pattern indicates indecision in the market, where buyers and sellers are equally matched and neither side is able to take control. When a doji...