BTC 3 DRIVE PATTERN
This is a perfect setup to display how 3 drives pattern works. Bullish scenario would be three consecutive bottoms and third drive landing on support. This pattern usually comes in harmonic and natural way, which means the distance between 3 drives is roughly equal, so it is not drawn by force, but rather, you just see it bcs it is there.
I am targeting the next crucial resistance at roughly 10500 area.
I am targeting the next crucial resistance at roughly 10500 area.
Note
trade completed!
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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.