BitcoinLong
BTC UPDATE! DIAMOND BOTTOM PATTERN.
Updated
Hi, guys! As we discussed earlier, BTC didn't manage to close the inside bar over 6200 which led to another quick drop. Now, we have a double bottom, but most interesting that price drew a very rare Dimond Pattern. Now we have a diamond bottom and breakout from 5950 will be a bullish confirmation. This pattern is rare and this is a reversal pattern that works out very well. Let's watch the price action and enjoy :)
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Note
Breaking out upwardsNote
Painting a bullish flag. Red zone on top should be tested eventually. If we'll break it - next stop 7600-7700Note
Here we go!Trade closed: target reached
But this is just a beginning :)
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