BTC/USD Coinbase (Potential diamond forming on 3HR)

19 בנוב׳ 2020

I believe I see a diamond forming on BTC on the 3HR and could break up or down roughly 1000$ according the the measurement of the previous leg.
Lets see what happens.

20 בנוב׳ 2020

הערה

I have updated my diamond, because of that little rebound. Now that's confirmed (For me), its just a matter of how long this triangle will extend simply because not every diamond is clean cut. Meaning there is a trying hours away from popping a cap in someone's wallet. Lets see whether the bulls or bears get excited here.

20 בנוב׳ 2020

הערה

Looks like BTC is ramping up again, lets see if we can close some candles outside of this diamond structure and push up.

20 בנוב׳ 2020

הערה

Interesting candle...

20 בנוב׳ 2020

הערה

I just have noticed an ascending triangle/wedge structure these past hours. (seems like its breaking up)

20 בנוב׳ 2020

הערה

I would... possibly expect a re-test of the triangle... but worse case scenario find TA signals that would convince you that this is a false breakout just in case.
Just keep in mind if this is coming out of a valid Diamond? theory and rule wise... we still should go up.. this also suggest bullish patterns as we go up, accumulations and what not.