BTC January 25th pattern repeats
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The recent death maul wicks if looked closely resembles on a smaller scale the bump at the bottom of the price action on January the 25th. This confused a lot of traders that were short when it went up and longers that longed the top of the bump. The recent intraday death maul structure also got traders confused about the direction of the price action. Now we see that the price action is winging up , if it will increase momentum then surely we are for another run up.
BTC dipped into the triangle, but triangle resistance could not hold price inside it and price punched out. On the 15min scale you can see the inorganic price action drew a very lewd image, whether this on purpose or a coincidence no one will know except for the whales that drew it.
BTC dipped into the triangle, but triangle resistance could not hold price inside it and price punched out. On the 15min scale you can see the inorganic price action drew a very lewd image, whether this on purpose or a coincidence no one will know except for the whales that drew it.
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interesting imageryComentário
a drop below 9297 is failure of this pattern
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