BTC prediction October 13
BTC ANALYSIS October 13
* On frame D1: Yesterday's candle D1 was a Bullish Pinbar candle, with a long lower shadow and closing near the top, showing a push from below. Thus, there appear 02 consecutive candles of withdrawal at the 26k5 support area, this shows that short-term buying pressure in this area is quite strong, there will likely be a recovery period before the sellers return and push the market. school goes down.
* On the H4 frame: Two reversal candles appear - simultaneously forming a double botton pattern at the 26k5 support zone. So from my perspective, it is likely that BTC will recover to the 27k1-27k3 area in the short term.
* On frame D1: Yesterday's candle D1 was a Bullish Pinbar candle, with a long lower shadow and closing near the top, showing a push from below. Thus, there appear 02 consecutive candles of withdrawal at the 26k5 support area, this shows that short-term buying pressure in this area is quite strong, there will likely be a recovery period before the sellers return and push the market. school goes down.
* On the H4 frame: Two reversal candles appear - simultaneously forming a double botton pattern at the 26k5 support zone. So from my perspective, it is likely that BTC will recover to the 27k1-27k3 area in the short term.
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