Monday, September 16, 2024

Bitcoin may use a bat pattern to retrace its trend - Follow Up

 

The price of Bitcoin continues lazily through technical events, when a harmonious bullish bat type pattern slightly stopped the last correction and did not prevent the price from returning to the neckline level of the four-hour head and shoulders pattern that was broken recently, after checking the support level of the neckline of the bullish head and shoulders indicated in the attached graph, The expectation is for a continuation of an upward move in accordance with the large wedge pattern described in a previous article.


No comments:

Post a Comment