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BTC: Large Move Ahead - Including Target (4 hr)

458
BTC clearly showing a descending triangle on the 4 hr which usually is bearish.

If this pattern is being validated, we are heading towards $3390 - potentially in one large move, as the volume keeps decreasing, foreshadowing a potentially high-level volatility action.

The $3390 level has been estimated using measure rule and confirmed by CoinStudio.

Please note that I think the pattern has an increased chance of getting invalidated due to the oversold rsi on the same 4 hr.

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Not
Nice, around 1% off. Didn't expect the upswing that early though.

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.