There is an up trend before the start of the pattern.
There is a down trend during the formation of the pattern.
Three peaks are observed during the formation of the pattern such that each peak is lower than its previous peak.
I think Bitcoin is trying to retest the conformation line.
If it will fail to break up the resistance, i will be more bearish .
Let's see what will happen.
*Not an investment idea.
There is a down trend during the formation of the pattern.
Three peaks are observed during the formation of the pattern such that each peak is lower than its previous peak.
I think Bitcoin is trying to retest the conformation line.
If it will fail to break up the resistance, i will be more bearish .
Let's see what will happen.
*Not an investment idea.
Comment:
Never take my personal opinions as investment advice, you may lose your money.