Do you think that this is just a random sideways pattern in the BTC 5min chart?

Or is it a distinct pattern that anyone can see if they understand price structure?

Of course this is not a random sideways pattern... It is very orderly and follows a clear pattern of a bunch of "threes".

It is most likely a standard WXY pattern with a triangle in wave Y.

EDIT:

EDIT2: I think there is an ending diagonal developing in green wave 5. If true, get ready for a big green 1H candle very soon.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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