BTCUSD SHOWING A GOOD D
UP MOVE WITH 1:20RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong...
Bitcoin Multi Pattern Breakout Analysis
Currently, BTCUSDT is at $24833
Bitcoin ( BTC ) . In an hourly time frame Bitcoin was observed in an Rounding Pattern Structure . It seems bitcoin has created a strong base structure for bull move.
Rounding Bottom : A rounding bottom, a chart pattern used in technical analysis and identified by a series of price movements...
Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.
The above chart of BTCUSDT laid out the ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper...
