Bitcoin

#BTCUSD 1W

463
Based on the available data on the chart, it is possible that two waves of the diametrical pattern has not been picked up by the system and the related candles are missing. There are two prominent factors in diametrical patterns: time of the waves and their complexity. Since the last wave is simple and has a short timing, there is expected to be a strong increase after an inner wave correction.

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.