BTCUSDT POSSIBLE PARABOLIC CURVE PATTERN
BTCUSDT Possible parabolic curve pattern with 2 bases formed and the third base in progress.
Once price formed base 3 and breakout of the curve happens ,the price start dumping sharply Sometimes price will form another 4th base and the breakout will be deeper.
"The Parabolic Curve Pattern is a powerful chart pattern firstly because the price climbed too high and too fast. This kind of steep climb is not sustainable and a reversal in price is expected whenever this chart pattern occurs"
Good LUck
Once price formed base 3 and breakout of the curve happens ,the price start dumping sharply Sometimes price will form another 4th base and the breakout will be deeper.
"The Parabolic Curve Pattern is a powerful chart pattern firstly because the price climbed too high and too fast. This kind of steep climb is not sustainable and a reversal in price is expected whenever this chart pattern occurs"
Good LUck
Note
BTCUSDT managed to rally up as expected. Large short position liquidation and high volatility where the fuel for this rally. Good LUck
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