Long
reversal pattern btc may 24th, 2021
1. reversal pattern flashed at peak.
2. followed by 50% drop.
3. retrace back to 80% from peak.
4. followed by another to 30% from peak.
5. eventually bottomed at 15% from peak.
Recovery from bear market 2 years, same as 2013-2017 pattern. this only holds true if we continue to close below 31k
2. followed by 50% drop.
3. retrace back to 80% from peak.
4. followed by another to 30% from peak.
5. eventually bottomed at 15% from peak.
Recovery from bear market 2 years, same as 2013-2017 pattern. this only holds true if we continue to close below 31k
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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.