BTCUSD Chart Pattern Repeating - Bullish Breakout Possibility
Updated
Check out this chart pattern that seems to be repeating almost exactly the same albeit on a smaller scale. The only thing left is the ascending channel pattern towards the critical $20000 region. The last parallel pattern made a 20% upwards move from bottom to top.
Just sharing.
Just sharing.
Note
Decision time soon whether the price carries on downwards or gets into an ascending channel pattern. The moving averages are also not too far away for support. Just an opinion.
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.