so... after all these bearish days hopefully, we are able to see some bullish signs in BTC ! After seeing a beautiful pivot in 46k price zone in 26, Apr I am personally more bullish on BTC's chart.
📌 As you can see, the chart is building a clear 3 leg pattern (I am not sure if such a pattern exists :D. Usually after a correction and before an impulsive wave we could see such a pattern in crypto charts especially Bitcoin's chart.
📌 To make sure if what I am seeing is accurate; please enable the ichimoku cloud and see the komu (cloud) 's directions carefully.
you can clearly see my signs.
⚠️ However, a divergence can be activated further in the chart which may continue the chart's correction!
🧐 Ask if you have any problems and/or questions about the chart or the analysis
⚠️⚠️ Please keep in mind that, I just want to share my own ideas about the charts and I do not recommend opening any buy/sell positions based on my analysis.
Good luck and I wish everyone a profitable trade 🙌🏽
📌 As you can see, the chart is building a clear 3 leg pattern (I am not sure if such a pattern exists :D. Usually after a correction and before an impulsive wave we could see such a pattern in crypto charts especially Bitcoin's chart.
📌 To make sure if what I am seeing is accurate; please enable the ichimoku cloud and see the komu (cloud) 's directions carefully.
you can clearly see my signs.
⚠️ However, a divergence can be activated further in the chart which may continue the chart's correction!
🧐 Ask if you have any problems and/or questions about the chart or the analysis
⚠️⚠️ Please keep in mind that, I just want to share my own ideas about the charts and I do not recommend opening any buy/sell positions based on my analysis.
Good luck and I wish everyone a profitable trade 🙌🏽
Trade active:
📌 Usually in Crypto charts, after a correction we may see a three leg pattern and the third legs often comes just below the second leg.
📌 We see three Fibonacci numbers; I personally think that the 0.618 Fib which means 51.000$ price for Bitcoin is a reasonable entry zone.
🧐 comment your questions and/or your problems
💰 I wish everyone a profitable trade