Bitcoin 1 hr following daily pattern
Bitcoin on the 1hr is interestingly matching the capitulation we saw on the daily chart.
The pattern looks remarkably similar and suggests a dip, rise, consolidation and then a break out in the green zone.
Lets see how this plays out the 1 hour suggests a rise in the green zone around 19th May.
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.