BTCUSD Short - Multiple pattern and candlestick analysis
Patterns
1. Harmonic Pattern shows a Bearish Crab (Bear)
2. Leaving the ascending channel at the bottom (Bear)
3. Forming a symmetrical triangle pointing upwards slightly (Bear)
4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear)
5. Declining volume shows there's no big price changes coming (So for now remains bearish)
Candlesticks
1M: Evening Doji Star (Bear)
1W: Bearish Harami (Bear)
1D: Bearish Engulfing (Bear)
4H: Bearish Engulfing as well (Bear)
1H: 3 Bearish Soldiers (Bear)
_____________________________________________________________________________________
I'm purely a beginner in technical analysis. Please hit like, follow or place a comment if you wish.
Any of your feedback is my motivation to keep going and to learn more about Technical Analysis!
1. Harmonic Pattern shows a Bearish Crab (Bear)
2. Leaving the ascending channel at the bottom (Bear)
3. Forming a symmetrical triangle pointing upwards slightly (Bear)
4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear)
5. Declining volume shows there's no big price changes coming (So for now remains bearish)
Candlesticks
1M: Evening Doji Star (Bear)
1W: Bearish Harami (Bear)
1D: Bearish Engulfing (Bear)
4H: Bearish Engulfing as well (Bear)
1H: 3 Bearish Soldiers (Bear)
_____________________________________________________________________________________
I'm purely a beginner in technical analysis. Please hit like, follow or place a comment if you wish.
Any of your feedback is my motivation to keep going and to learn more about Technical Analysis!
Nota
The given candlestick patterns are based on the last 4-2 candlesticks at the moment of posting this idea.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.