this is an obvious Descending Triangle but with an irregular pattern. due to the USDOLLAR, there are two possibilities: 1- we will have a rise as the tringle says. 2-we will have a decline as BITCOIN says or the opposite who knows!!
like if you agree. thanks.
Taking a look at different time frames for BTC and USDOLLAR also other cryptocurrencies which newly had a rise and now they got back I realized (mostly felt) that it's possible to see BTC growing at least for 1 day.
just look at this clean process...head and shoulders may be the pattern but it's not completed yet! and also the right shoulder is so SMALL! we are struggling in a good support area and there if you look at the visible range indicator you can see that we have two important points which have less value! both need to get complete buy the orders! but one of them is...
in the last analysis, we looked at the chart in the daily time frame. actually, I said that it is not exact and there we have it! so by drawing the resistance and support lines in daily and 4h time frame and trend lines in 4h, we can give three possibilities for the pattern. due to the indicator, something that is really interesting is the resistance area in the...
