Diamond Pattern Forming

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Hi all,

I have noticed a really interesting formation on the 1H timeframe, which looks like Diamond Pattern and is a reversal pattern.

From here we might see a move to the upside up to 52000.

I wish you good trades and stay profitable!
Transaction en cours
Bitcoin just broke out from the Diamond Pattern to the upside, but quickly reversed and couldn’t hold the support. We’re seeing a fakeout here and we have a big chance to break to the downside. Stoploss set to 46745.
Trade fermée: ordre d’arrêt atteint
I got stopped out on this one. We are most likely going to get the liquidity under 45000.
btctechnicalanalysisChart Patternsdiamondpattern

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