Bitcoin

Bitcoin's Diamond Form - 15-Minute Chart Trend

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Many people like to study K-line diagrams, but I have not seen a very high success rate in the past year or so.
For example, the "head and shoulder" form, the success rate is not high. However, some forms are more interesting, such as the "propeller" form, I have previously introduced, and then such as the "diamond" form.

We lookated at the 15-minute chart and there was an unstandard "diamond" pattern,
In general, this means that the stage highs are formed.
fter a period of rise, there appears to be horizontal finishing, generally the result of a multi-empty tug-of-war. Because it occurs in the rising cycle, in many cases the top of the stage is formed.
Of course, consider the effects of appearing in different cycles, such as charts below 60 minutes, which should have limited impact; If it is a daily line level, it should be highly valued. In addition, it is necessary to analyze with other technologies, so that the accuracy is better.
At present we see bitcoin is brewing a 3-day line bottom divergence, if the close of 8 am tomorrow morning, can form a bottom divergence, for the future trend for a period of time, more conducive to the bulls.

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