The_New_Disciple

Btcdown/USDT 1 hour

Long
BTC Down is looking like we will see some upside before we see another decline. The type of volume increase you want to see that is indicative of an uptrend is a steady increase as we are seeing here. The MACD histogram downside is receding while the upside is increasing.
In this chart we see the pattern playing out again but smaller then the last. On a downtrend we see the same initial pattern repeated twice after initial printing. Each repeat is a smaller version slightly warped, but confined to the uppermost support of the last pattern.
If you agree throw me a like and follow if you want to see more concepts and ideas from me. Thanks for the support.

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.