I am updating about #Bitcoin with all possibilities that I can observe currently.
1)The Chart: (A) showing a hammer on 4Hr TF that is a good sign of trend reversal prior to its previous trend.
2)The Chart: (B) might lead to the formation of Inverse Head & Shoulder on 1D TF that is also a good sign for further move up.
3)The Chart: (C) looks like it broken down DESCENDING TRIANGLE on 1D TF & currently retesting the triangle to continue its move downward.
If #Bitcoin follow the chart: (C) then we could found a bottom probably towards 2K as the pole of triangle's length goes down towards 2K from the base of Ascending Triangle.
P.S: I am more confident that there might be a nice Inverse Head & Shoulder in next few days for further move up.
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