Hello I am back with an idea on BTCUSDT pair time frame 15 min. Personally have been following this pattern for a while and it has played out real good. Now we see a diamond pattern there ready for our next move.
First scenario- BTC goes to 38-39k around end of september and then I expect in the area there is a strong area of good buyers and bounce.
Second scenario- It breaks the pattern on the bullish side with good volume. If it happens, 46k is the target before another small downtrend.
If I would give my opinion, I see scenario one playing out with this pattern.
Good luck and be careful. If you have any comment, u welcome. :)
First scenario- BTC goes to 38-39k around end of september and then I expect in the area there is a strong area of good buyers and bounce.
Second scenario- It breaks the pattern on the bullish side with good volume. If it happens, 46k is the target before another small downtrend.
If I would give my opinion, I see scenario one playing out with this pattern.
Good luck and be careful. If you have any comment, u welcome. :)