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Double Diamond. Rare case of fractal diamond regression BTC/USD

795
This shows a clear double diamond setup.

As an update to my previous idea, it's pretty clear that this is a fractal.

The diamond formation is bearish in something like 80-90% of circumstances, so this is a case of fractal diamond regression.

I expect this long-running form to resolve within the month.
Not
I consider it possible that we now have a bear flag forming. Wave 1 started on 23rd may, we will get the next 2 peaks concluding over the next 4 weeks in my opinion and then more room to the downside.
Not
UPDATE

Bitcoin bearish outline. Multiple bearish forms taking place.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.