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azizelliott
26 lis 2021 07:47

$BTCUSD - Ending diagonal Long

Bitcoin / U.S. dollarBitstamp

Opis

Hi guys! 👋🏻

🔔 Bitcoin made an attempt to break the $59500 resistance and was pushed back.

🔔 Besides the strong resistance at $59500 there also is a dynamic resistance which now has created an ending diagonal pattern.

🔔 There also is an inverted head and shoulders pattern which is building up, so keep an eye on this formation as well


🔔 We have seen this pattern before, many times in fact, and it was a trend reversal pattern! So let's wait for a breakout to witness another uptrend move.


✊🏻 Good luck with your trades! ✊🏻
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