The diamond pattern occurs most often after a prolonged trend phase. When it occurs within the context of a bullish market, the pattern is referred to as a diamond top, or a bearish diamond pattern due to its bearish implication. Conversely, when it occurs within the context of a bearish market, the pattern is referred to as a diamond bottom, or a bullish diamond pattern due to its bullish implication.
Once again we see some mind games that BTC is playing with us...it is going to destroy all the bears and Bulls.
Once again we see some mind games that BTC is playing with us...it is going to destroy all the bears and Bulls.
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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.