Will the "Green October" be repeated this year on cryptomarket?
Consolidation in the cryptocurrency market continues.
The result of such a protracted consolidation will be a strong impulse movement, the only question is where?
As you can see from the iconography shown on the BTCUSDT chart, in the previous years of trading 7 out of 9 Octobers were green, that is, the market was growing
In the current situation, it is like a ray of hope in a chaotic, protracted and dark downtrend.
The chance to work out the double bottom pattern, which we described in the previous idea, is still relevant:
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
The result of such a protracted consolidation will be a strong impulse movement, the only question is where?
As you can see from the iconography shown on the BTCUSDT chart, in the previous years of trading 7 out of 9 Octobers were green, that is, the market was growing
In the current situation, it is like a ray of hope in a chaotic, protracted and dark downtrend.
The chance to work out the double bottom pattern, which we described in the previous idea, is still relevant:
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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.