Bitcoin

BTC reversal pattern

134
After encountering the downtrend line, the lowest price came to 19305.00. A pin bar (arrow) appears at this bottom, and the price of the subsequent k bars also closes above the closing price of the pin bar at 19801.04. Indicating that here is an effective support, and there is a chance to reverse the trend. If the price closes above the resistance range of 20000~20245.35 in the future, BTC has a chance to come to the downtrend line (blue line).
However, it is also possible for BTC to make a second bottom near the support 19305.00~19561.01, and then break up.
-

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.