BTC: Large Move Ahead - Including Target (4 hr)
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.
Make sure to visit our Discord: discord.gg/ZrQWPNf
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.
Make sure to visit our Discord: discord.gg/ZrQWPNf
Catatan
Nice, around 1% off. Didn't expect the upswing that early though.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.