Bitcoin Pattern Formation

٤ أغسطس ٢٠٢٤

This crypto coin has been forming a very interesting pattern - a falling flag, which IMO is a strong indicator for a bullish momentum.

As for now, there is no clarity if the price will test the lower trendline again or reverse to break out of the upper trendline. A follow up analysis using the shorter time will give clarity on our entry.

٥ أغسطس ٢٠٢٤

ملاحظة

The lower trendline has been touched. Let us wait for a retest so that we can have an entry position. A follow up analysis with a shorter time next. Stay tuned.

٨ أغسطس ٢٠٢٤

ملاحظة

Time for an entry!