Traders,
Here we have BTCUSD on 1D chart.
Previously we have harmonic pattern formation and will lead to the current price at 12k levels here below at update 18:

Now in my humble opinion we have consolidation phase by confirming three signs:
1- The first is that definable and steady support and resistance levels, much like a flag continuation pattern.
2- The second characteristic is a narrow trading range.
3- The last feature to look for is a relatively low level of trading volume that does not exhibit major spikes.
BTC have all these signs which wil lead the price to make lower low and lower high under the same trend range to the green are on the chart and will update from that level.
Regards,
Mohsen
Here we have BTCUSD on 1D chart.
Previously we have harmonic pattern formation and will lead to the current price at 12k levels here below at update 18:

Now in my humble opinion we have consolidation phase by confirming three signs:
1- The first is that definable and steady support and resistance levels, much like a flag continuation pattern.
2- The second characteristic is a narrow trading range.
3- The last feature to look for is a relatively low level of trading volume that does not exhibit major spikes.
BTC have all these signs which wil lead the price to make lower low and lower high under the same trend range to the green are on the chart and will update from that level.
Regards,
Mohsen
Dagangan ditutup: sasaran tercapai
Dagangan ditutup: sasaran tercapai
Market analysis, scalping calls, Binance Alts signals and real time news & Sentiment on:
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
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.
Market analysis, scalping calls, Binance Alts signals and real time news & Sentiment on:
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
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.