DIAMOND BOTTOM!IS THIS THE END OF CORRECTION?
Hello my friends,
Patterns :
Falling Channel = Bullish Pattern
Diamond Bottom = Bullish Pattern
Bull Flag = Bullish Pattern
Lines:
Red Lines - Red Box (Main Resistance Btc Must Break Above)
Diamond Bottom is a pattern that does not appear very often. Usually
we will see diamond Bottoms or Diamond Tops Patterns when we are
looking for bottoms of downtrends or for tops of Uptrend.
In my opinion this diamond bottom can be a signal which it confirms the
end of correction.
To be 100% sure i want to see btc breaking above the red box and to find support.
Then we can speak for bottom and ending of correction.
I am looking forward to see BTC testing 50ks and 52ks before my next update.
Your comments are appreciated.
Have a nice day and good luck with your choices.
Patterns :
Falling Channel = Bullish Pattern
Diamond Bottom = Bullish Pattern
Bull Flag = Bullish Pattern
Lines:
Red Lines - Red Box (Main Resistance Btc Must Break Above)
Diamond Bottom is a pattern that does not appear very often. Usually
we will see diamond Bottoms or Diamond Tops Patterns when we are
looking for bottoms of downtrends or for tops of Uptrend.
In my opinion this diamond bottom can be a signal which it confirms the
end of correction.
To be 100% sure i want to see btc breaking above the red box and to find support.
Then we can speak for bottom and ending of correction.
I am looking forward to see BTC testing 50ks and 52ks before my next update.
Your comments are appreciated.
Have a nice day and good luck with your choices.