I see the super rare Diamond Formation forming on BTC.
In order for this formation to complete bearishly it should fall out through the D line.
If it breaks out of the B line then it's a bullish breakout and shorts should be closed and longs opened.
Let's watch this rare and cool technical formation and see how it develops in real time.
If the bearish event happens, then we'll see if the dotted C line is broken, and if so dumping should occur.
In order for this formation to complete bearishly it should fall out through the D line.
If it breaks out of the B line then it's a bullish breakout and shorts should be closed and longs opened.
Let's watch this rare and cool technical formation and see how it develops in real time.
If the bearish event happens, then we'll see if the dotted C line is broken, and if so dumping should occur.
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.
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.