Inside Bars On Bitcoin Suggest A Breakout
We see that bitcoin slowed down recently with an inside bars pattern, but above the falling trendline which is actually trying to act as support now.
An inside bar formation can bring the volatility back, but after a daily close above the Mother bar. This can then cause a continuation back to the highs
On the other-side drop below the Mother bar, may suggest that weakness from Oct 20 will be more complex and tricky with potentially lower prices ahead.
An inside bar formation can bring the volatility back, but after a daily close above the Mother bar. This can then cause a continuation back to the highs
On the other-side drop below the Mother bar, may suggest that weakness from Oct 20 will be more complex and tricky with potentially lower prices ahead.
**Special Sale going on: 2 Months For 1**
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
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.