Charting - BTC patterns

6 Eki 2024

As I always say , predicting the price mouvement in the short timeframes is very difficult. But we can spot some bullish consecutive patterns as you can see in the chart :

• Despite the war panic selling , the decline have been absorbed by the market makers.
  
• The recent correction follows perfectly the fibo extention ; normal correction of the recent uptrend.
  
• In the last minutes , strong checkmate pattern is being formed. Bullish signal.
  

All patterns in the short timeframes are in favor of the trend continuation.

BTCUSD BTCUSD BTCUSDT BTCUSDT.P BTC1!

1 Kas 2024

İşlem kapandı: hedefe ulaştı

1.618 was a very strong resistance. Price needs momentum to go higher.