Hello Trading View friends!
I will bring another analysis about BTC.
Notice this pattern that I describe in the center of the graph:
This classic widening pattern is a consolidation that occurs in the asset.
See the 2014-2016 cycle.
The price came from the top to the bottom and entered a widening pattern.
After making 3 touches on the 3-week chart near the top, it broke through and made an extraordinary move.
See the current cycle now:
The price once again came from top to bottom.
It produced 2 touches near the top on the 3-week chart.
Will there be a strong upward breakout like the 2014-2016 cycle?
In my view, there are reasons to understand that yes! And we are very close to this moment.
And you, what do you think of this possibility?
Leave your boost and follow me here on Trading View!
To the next!
Bình luận:
Keep an eye out for this. Is happening!
🚀TELEGRAM🚀
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Português
🇧🇷 t.me/powerinc
Abra sua conta na BINGX e ganhe prêmios exclusivos!
👉 bingx.com/partner/powerinc
