BTC prediction October 13
BTC ANALYSIS October 13
* On frame D1: Yesterday's candle D1 was a Bullish Pinbar candle, with a long lower shadow and closing near the top, showing a push from below. Thus, there appear 02 consecutive candles of withdrawal at the 26k5 support area, this shows that short-term buying pressure in this area is quite strong, there will likely be a recovery period before the sellers return and push the market. school goes down.
* On the H4 frame: Two reversal candles appear - simultaneously forming a double botton pattern at the 26k5 support zone. So from my perspective, it is likely that BTC will recover to the 27k1-27k3 area in the short term.
* On frame D1: Yesterday's candle D1 was a Bullish Pinbar candle, with a long lower shadow and closing near the top, showing a push from below. Thus, there appear 02 consecutive candles of withdrawal at the 26k5 support area, this shows that short-term buying pressure in this area is quite strong, there will likely be a recovery period before the sellers return and push the market. school goes down.
* On the H4 frame: Two reversal candles appear - simultaneously forming a double botton pattern at the 26k5 support zone. So from my perspective, it is likely that BTC will recover to the 27k1-27k3 area in the short term.
Related publications
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.