Diamond Pattern Forming

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Hi all,

I have noticed a really interesting formation on the 1H timeframe, which looks like Diamond Pattern and is a reversal pattern.

From here we might see a move to the upside up to 52000.

I wish you good trades and stay profitable!
Dagangan aktif
Bitcoin just broke out from the Diamond Pattern to the upside, but quickly reversed and couldn’t hold the support. We’re seeing a fakeout here and we have a big chance to break to the downside. Stoploss set to 46745.
Dagangan ditutup: hentian tercapai
I got stopped out on this one. We are most likely going to get the liquidity under 45000.
btctechnicalanalysisChart Patternsdiamondpattern

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