Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BITCOIN - IT IS LIKE PREVIOUS DISTRUBUTION BUT... INVERTED
Bitcoin
Short
BITCOIN - IT IS LIKE PREVIOUS DISTRUBUTION BUT... INVERTED
By mess_on_a_mission
Follow
Follow
Oct 6, 2022
4
1
1
Oct 6, 2022
Imo during that kind of patterns where we can see obvious channel mid line of the channel is very important resistance.
Till we wont break it rejection is more likely.
That's why I would like to see a third touch of a lower band of the channel before any upward price movement.
That would be double bottom pattern and the timing is possible around 13th October, so... CPI date.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
Chart Patterns
Harmonic Patterns
Trend Analysis
XBTUSD
xrypto
mess_on_a_mission
Follow
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
.