jackrabbitrage

BTC: Short-term potential driving force

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT

This is an update of my previous idea linked below.
Two bullish dragon patterns (the smaller one was introduced in the previous idea) have been detected and still haven't been invalidated.
If the price at least holds on to the support (green dotted line/gray boxes), we may be able to eye on long targets shown as red boxes.
However, any bullish movements would faint shortly with the macro downtrend likely to persist.

The scenario will be invalidated when the support is broken.
In this chart, all geometries are automatically calculated by a script of my made. Reference only.
Komen:


Bullish momentum.
Komen:
update.
Komen:
see also this idea:

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.