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.
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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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Updates will only be posted on HIVE !!!
My quick update is there’s a select few individuals and organizations that are trying to single-handedly stop the revolution that is crypto and decentralization.
These individuals will realize within the next 9 months that there is no stopping this revolution. We have reached critical mass. They need to bend the knee soon or get rekkt. Everyone gets the entry price they deserve.
Billionaires spreading FUD means they are buying. We will soon find out that Elon increased Teslas holdings and his private holdings, too.