We are in an ascending channel pattern for 466 days now, which is a bearish pattern, we are hovering around $36566 price, we lots of volatility yesterday because the CEO of Binance stepped down.
For the price to still be where it is now is actually a good reaction from the market!
This does not mean bearish and bullish patterns always play out, what we can do is set alerts on the resistance and support levels and trendlines and identify the patterns so we can trade it accordingly.
For the price to still be where it is now is actually a good reaction from the market!
This does not mean bearish and bullish patterns always play out, what we can do is set alerts on the resistance and support levels and trendlines and identify the patterns so we can trade it accordingly.
Comment:
zooming out
Comment:
wow bitcoin is about to have an attempt on cracking the aqua line resistance!
Comment:
LFG