Chart Pattern Analysis Of Bitcoin
Updated
https://www.tradingview.com/x/vwAc1PL4/
K3 is breaking down a week scale support,
It seems that the previous downtrend is expanding.
And another bear run had started earlier from K1.
From K1 to K3, it is a three soldiers advancing pattern.
K3 must close below 57110 USD to verify the support had turned to a resistance first.
And I will not try to short it here.
Another nearest week scale support below at about 50-52K area.
I will try to buy it there.
K3 is breaking down a week scale support,
It seems that the previous downtrend is expanding.
And another bear run had started earlier from K1.
From K1 to K3, it is a three soldiers advancing pattern.
K3 must close below 57110 USD to verify the support had turned to a resistance first.
And I will not try to short it here.
Another nearest week scale support below at about 50-52K area.
I will try to buy it there.
Trade closed: target reached
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