🧐 Analyzing $BTC weekly TF.
The weekly candlestick is closing with an Inside Bar pattern! This is a pause in the downtrend, effectively signaling a potential reversal of the 4-hour trend to bullish!
Inside Bar is a candlestick pattern consisting of two or more candles that indicates a pause or consolidation in the market. An "Inside" bar is one whose high and low are completely contained within the range of the previous "mother" bar.
What do you think, could this Inside Bar trigger another liquidity sweep from the top of the previous weekly candle? 🤔
#BTCanalysis
The weekly candlestick is closing with an Inside Bar pattern! This is a pause in the downtrend, effectively signaling a potential reversal of the 4-hour trend to bullish!
Inside Bar is a candlestick pattern consisting of two or more candles that indicates a pause or consolidation in the market. An "Inside" bar is one whose high and low are completely contained within the range of the previous "mother" bar.
What do you think, could this Inside Bar trigger another liquidity sweep from the top of the previous weekly candle? 🤔
#BTCanalysis