Consolidation in the cryptocurrency market continues.
The result of such a protracted consolidation will be a strong impulse movement, the only question is where?
As you can see from the iconography shown on the BTCUSDT chart, in the previous years of trading 7 out of 9 Octobers were green, that is, the market was growing
In the current situation, it is like a ray of hope in a chaotic, protracted and dark downtrend.
The chance to work out the double bottom pattern, which we described in the previous idea, is still relevant:

_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
The result of such a protracted consolidation will be a strong impulse movement, the only question is where?
As you can see from the iconography shown on the BTCUSDT chart, in the previous years of trading 7 out of 9 Octobers were green, that is, the market was growing
In the current situation, it is like a ray of hope in a chaotic, protracted and dark downtrend.
The chance to work out the double bottom pattern, which we described in the previous idea, is still relevant:

_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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Penafian
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.