9000$ is working as a magnetic line. We can see all different reversal pattern on earth appearing above and below this magnetic Line. Question is why these reversal patterns appears.
They appear because of two reasons, price is unwantedly pushed to otherside, after the breakout they move fast and second reason it if they dont appear above or below the magnetic line, Price will attract the current rates and they will stuck on same range for many days.
Currently BTCUSD has made triangle pattern above magnetic line, its a sign of strength. It has already done retest now when the magnetic price release btc it will shoot up to 13000$.
Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
They appear because of two reasons, price is unwantedly pushed to otherside, after the breakout they move fast and second reason it if they dont appear above or below the magnetic line, Price will attract the current rates and they will stuck on same range for many days.
Currently BTCUSD has made triangle pattern above magnetic line, its a sign of strength. It has already done retest now when the magnetic price release btc it will shoot up to 13000$.
Hit the like button if you find it helpful and informative and follow to catch every wave correctly.