BTCUSDT: This is the time
Uppdaterad
Hello Traders!
Welcome back to another post with analyst Aadil1000x.
This is the pattern that I have in my mind when this accumulation/expanding triangle started. This is not the first time I am watching this pattern but we have seen this pattern doing the exact same moves that I have drawn many times before I am also adding the old post with the same pattern.
Normally after a breakout, there is a strong reaction and because of that most of the time market moves back inside the pattern and sometimes after moving back it breaks the trendline which is at the top of the pattern. This time it will break the trendline which is at the top because there is huge bullish pressure and it is aiming to break 29K. This move can move up to our Next True Reversal Point which is at 29327.
Same pattern in an old post
Don't forget to hit the like button and follow to stay connected
Welcome back to another post with analyst Aadil1000x.
This is the pattern that I have in my mind when this accumulation/expanding triangle started. This is not the first time I am watching this pattern but we have seen this pattern doing the exact same moves that I have drawn many times before I am also adding the old post with the same pattern.
Normally after a breakout, there is a strong reaction and because of that most of the time market moves back inside the pattern and sometimes after moving back it breaks the trendline which is at the top of the pattern. This time it will break the trendline which is at the top because there is huge bullish pressure and it is aiming to break 29K. This move can move up to our Next True Reversal Point which is at 29327.
Same pattern in an old post
Don't forget to hit the like button and follow to stay connected
Kommentera
BTC reacted at true reversal point Kommentera
A Possible slingshot Move in Kommentera
BTC's Update It was a perfect move
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.