This is the second 
BTCUSD chart I have uploaded on my account. Ironically, it is showing the same pattern as my first uploaded chart, which was a winner. ;)
As I mentioned in the last chart, because the Candlesticks are of Japanese origin, this is traditionally referred to as a "Fry Pan Bottom", which is a great signal for an incoming bull rally. I like to study the history of markets, which is why I mention that. My Stochastic indicator is showing a base forming as well. Please remember that nothing is ever 100%. So, be sure to compare this chart with your own indicators and oscillators. I hope this chart was helpful to you. I like to make money and I know you do too. So, lets do it! :)
BTCUSD chart I have uploaded on my account. Ironically, it is showing the same pattern as my first uploaded chart, which was a winner. ;)As I mentioned in the last chart, because the Candlesticks are of Japanese origin, this is traditionally referred to as a "Fry Pan Bottom", which is a great signal for an incoming bull rally. I like to study the history of markets, which is why I mention that. My Stochastic indicator is showing a base forming as well. Please remember that nothing is ever 100%. So, be sure to compare this chart with your own indicators and oscillators. I hope this chart was helpful to you. I like to make money and I know you do too. So, lets do it! :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow us for expert analysis! Check out our new YOUTUBE channel at Youtube.com/@Howto-Forex
And visit HOWTO.FOREX to pre-register to enroll in our Forex Ninja Bootcamp (using only your email address) - A bootcamp/mastermind for serious traders!
And visit HOWTO.FOREX to pre-register to enroll in our Forex Ninja Bootcamp (using only your email address) - A bootcamp/mastermind for serious traders!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.