BTC UPDATE! DIAMOND BOTTOM PATTERN.

Hi, guys! As we discussed earlier, BTC didn't manage to close the inside bar over 6200 which led to another quick drop. Now, we have a double bottom, but most interesting that price drew a very rare Dimond Pattern. Now we have a diamond bottom and breakout from 5950 will be a bullish confirmation. This pattern is rare and this is a reversal pattern that works out very well. Let's watch the price action and enjoy :)

//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//

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Breaking out upwards

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Painting a bullish flag. Red zone on top should be tested eventually. If we'll break it - next stop 7600-7700

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Here we go!

Trade fermée: cible de profit atteinte

But this is just a beginning :)

LanaFL

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LanaFL