Charting - BTC patterns
Updated
As I always say , predicting the price mouvement in the short timeframes is very difficult. But we can spot some bullish consecutive patterns as you can see in the chart :
All patterns in the short timeframes are in favor of the trend continuation.
BTCUSD BTCUSD 
BTCUSDT BTCUSDT.P BTC1!
- Despite the war panic selling , the decline have been absorbed by the market makers.
- The recent correction follows perfectly the fibo extention ; normal correction of the recent uptrend.
- In the last minutes , strong checkmate pattern is being formed. Bullish signal.
All patterns in the short timeframes are in favor of the trend continuation.
BTCUSD BTCUSD BTCUSDT BTCUSDT.P BTC1! Trade closed: target reached
1.618 was a very strong resistance. Price needs momentum to go higher.
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