AmirSoraya

New Interesting Pattern on Bitcoin ! / Drop-Base-Rally / Weekly

Giá lên
BINANCE:BTCUSDT   Bitcoin / TetherUS
So far, we have published several analyzes with several different views for you.
Analyzes all show the same thing, only the point of view and the concept are different, so do not be too sensitive.
The following analysis of a weekly range shows that the price is currently fluctuating near the middle of this range.
We also have an order block that the price has hit. Fibonacci levels are marked on the left.

In the next analysis, I went to RSI. You can see what happened after each touching with the bullish trendline!
This analysis is in daily time frame.

But today we will have a new vision at the chart. We start with the line chart (bottom of the page).
I have specified a pattern for you. Drop-Base-Rally pattern.
We see that bitcoin has entered a downward phase after hitting ATH. It then forms a base and moves upwards. The candle chart states the same thing:
ATH >> Fall to order block >> Tight Range between two moving averages >> Move upwards
So we can stay between these two moving averages for a while and finally move upwards.
The need for an upward movement has been expressed in previous analyzes,
and in this analysis it is necessary to keep the price between these two moving averages.

My Telegram: @amirsoraya
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