Apparently we have a downtrend that is close to the bottom of our overall channel, but I think this short downtrend will end and we will move to the top of the channel. After reaching the channel ceiling, the falling wedge pattern is formed and we will go to the bottom from below. If you think this is possible, Like & Follow Me...
Wait for the triangle breakout, we will most likely have good growth until resistance. After reaching the resistance, bring the stop-limit to a higher point to exit with a profit.
The double bottom pattern is visible in the chart, I have inverted the chart to have a better understanding of this chart, the second attempt to break the floor failed and now it is time to climb but our chart is inverted, so climbing means descending...
Bitcoin's latest efforts to keep people happy at Christmas, I hope my analysis does not reach its destination, but it is very possible, I hope you have a good year. HQCryptoCurrency Team
After today's failure and seeing the various charts of users, I saw something strange, after drawing, I realized that this pattern is too accurate, I was scared, of course, I cashed my money today and escaped the loss, but still I have not bought, when this pattern came to my mind, I am generally scared and can not do anything.
In my opinion, the channel is broken and we will probably have a bearish price tomorrow, and tomorrow's support is 55,300, and 90% of the probability will not be broken, and forward to $ 69,000.
I think the previous ideas are dead and Bitcoin will no longer see 53,000, what do you think?
Based on previous data and analyzing support and resistance, I came across a downward channel that seems incomplete. If this pattern is not a channel and my guess is wrong, idea number 2 is conceivable. But if this channel tends to be completed, we will see a temporary ascent (today) and a fall tomorrow or two days later because to complete this channel we will...