MisterCatt

BTC/USD Bullish and Bearish Pattern in the Same Place

MisterCatt Updated   
BITSTAMP:BTCUSD   Bitcoin
In 4 hour candle.. interesting where this price action will go... either drop in price action and form H&S and more confirmation for descending triangle to form or continuation of ascending triangle while there's also a possibility to form a rising wedge... or side way between support (5k ) and resistance (5.3k) channel.
Hmm.... please share what your thought about your chart/idea.
peace
Comment:
Scrap the H&S and descending triangle pattern...
only left for rising wedge and ascending triangle pattern left

Comment:
Comment:
the rising wedge of course can be adjusted as the time goes one until it reform to another pattern...
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.