Iwbat

BTCUSDT Start of a new Bull Run

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi,

Daily TF was used in this charting, stared in January 2021 to present day.
Pattern
3 Consecutive Swing High were seen in the start of January 2021 on the 4th Swing High price broke the previous Swing Low indicating a trend reversal, on the downtrend market made 3 main Swing Highs, after 3 Main Swing High were made a reversal can be seen, after the reversal formed we can see again that the price made a 3 Consecutive Swing Highs and on the 4th Swing High price broke the previous Swing Low again, then a 3 main Swing High on a down trend is formed again then a reversal happened again, price is repeating the pattern again and again. And now we came from a downtrend, we can see that the downtrend phase created a 3 main Swing Highs, we're in the phase wherein a trend reversal might happen and the price could break the 3 main Swing Highs in the past downtrend market, with this pattern a bull run might happen and an ATH might happen.
Haftungsausschluss

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