mycotoxin

Looks like BTCs heading to 9500

COINBASE:BTCUSD   比特币/美元
222 3 3
Look like BTCs             heading to towards 9500 as we see 'Three White Soldiers' on the 6 hour candle .

what is 3 white soldiers ?

Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend. This pattern consists of three consecutive long-bodied candlesticks that have closed higher than the previous day, with each session's open occurring within the body of the previous candle.

Read more: Three White Soldiers - https://www.investopedia.com/terms/t/three_white_soldiers.asp


https://www.investopedia.com/terms/t/three_white_soldiers.asp
评论: I was wondering what was going to happen as the 4 hour candle hits an 8 in the next 27 minutes. This usually means (not in all cases) a possible 1 to 4 candle pullback. This pullback does not always occur and is sometimes skipped.

However as my good friend @umairceo points out BTC is also forming a cup and handle on the 1 hour. Hence if we see a pullback from the 4hour candle this is most likely the handle of the cup forming .
The handle formation drops are often extreme but we can relax as they back retrace upwards rapidly indicating more green tea and cookies are most likely on the way.

https://www.investopedia.com/terms/c/cupandhandle.asp
交易手动结束: Closing this out as BTC does not appear bullish currently , will reopen if situation changes. if the downtrend continues BTC can drop to 83xx , 7900 or retrace back to 6k
its also almost completing cup & handle pattern on 1 hour chart
回复
mycotoxin umairceo
@umairceo, good catch
回复
umairceo mycotoxin
@mycotoxin, thanks
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 Forex Screener Crypto Screener 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出