DenisTrofimov

BTC the 3Day Chart Pattern

BITMEX:XBTUSD.P   Bitcoin
3Day Chart is by far the clearest chart for Bitcoin. You can really tell the story of market-making within this timeframe.
Each 3Day Big up-close candle was the beginning of the new impulse down since Nov 6 2021. These candles give bulls big hopes for the downtrend reversal, but every time these candles bring big disappointment, blood and more fear into the market. I think the roundtrip to 11400 level is inevitable. One year of the trend up and one year of the trend down. Not a financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.