REVERSE PATTERN, DIVERGENT TRIANGLE ON BITCOIN CHART, GROW SOON
Hello my friends, today I want talk with you about reverse pattern on BTC chart.
BTC now drawing a divergent triangle and he can push price to new ATH.
If this pattern creates in at least local uptrend more chances that price will continue to grow.
End of this pattern is wave E and after that price go in previous main direction (in our case - UP)
In left part of a chart I draw for you divergence triangle pattern example.
And you can see that we have lover lows LL and higher highs HH
That meant after last wave in triangle E we can see strong upward movement.
But I dont exclude scenario when price can make relow and test level 54000 and after this show strong recovery.
So, at this moment I still long and think that BTC will make new ATH this yeah or maximum in January.
This is article not financial advice, always do your own research.
If you have any questions, you can write it in comments below and I will answer them.
And please dont forget to support this idea with your like and comment, thank you.
BTC now drawing a divergent triangle and he can push price to new ATH.
If this pattern creates in at least local uptrend more chances that price will continue to grow.
End of this pattern is wave E and after that price go in previous main direction (in our case - UP)
In left part of a chart I draw for you divergence triangle pattern example.
And you can see that we have lover lows LL and higher highs HH
That meant after last wave in triangle E we can see strong upward movement.
But I dont exclude scenario when price can make relow and test level 54000 and after this show strong recovery.
So, at this moment I still long and think that BTC will make new ATH this yeah or maximum in January.
This is article not financial advice, always do your own research.
If you have any questions, you can write it in comments below and I will answer them.
And please dont forget to support this idea with your like and comment, thank you.