BTC USDT CURRENT SITUATION (SHORT TERM : SHORT)
Here we are getting close to the end of this pattern , many other patterns within in both macro and micro including the diamond.
The diamond may provide hints to what may happen at the end of this rising triangle/wedge/flag .
This is the mother pattern and yet simple
keep it conservative , playing small moves isnt worth the risk of looing the chance for the rise or fall thats about to come , save a reserve.... wait for confirmations outside the pattern .
by the hourly we are bearish retracting from a big jump today 6/11
we will prob test the bottom of our pattern today which is higher than yesterday and soon we will pop one way or the other.
its been fun scalping these sure movements.
9859 to 9650 +/- 100 est
*typo on bottom of chart "lower consolidation not higher.."
The diamond may provide hints to what may happen at the end of this rising triangle/wedge/flag .
This is the mother pattern and yet simple
keep it conservative , playing small moves isnt worth the risk of looing the chance for the rise or fall thats about to come , save a reserve.... wait for confirmations outside the pattern .
by the hourly we are bearish retracting from a big jump today 6/11
we will prob test the bottom of our pattern today which is higher than yesterday and soon we will pop one way or the other.
its been fun scalping these sure movements.
9859 to 9650 +/- 100 est
*typo on bottom of chart "lower consolidation not higher.."
Trade closed: target reached