If the next daily candle is a strong bearish one, a drop to 87 is realistic.
But if BTC holds at 91,000, and consolidation begins with volume — it could bounce back up to the highs of 95,000–97,000.
It seems to me that we have formed a pattern, the evening star is a candlestick pattern indicating a change from a bullish trend, appearing at the end of an upward trend. It also consists of three candles and warns of a possible price reversal downwards.
The first candle of the evening star should be bullish and close at a new high. The second candle is a spinning or sideways movement, reflecting fluctuations and uncertainty in the market. The third candle should be bearish and close below the previous day's.
What do you think, am I right that it will drop to 87?
The first candle of the evening star should be bullish and close at a new high. The second candle is a spinning or sideways movement, reflecting fluctuations and uncertainty in the market. The third candle should be bearish and close below the previous day's.
What do you think, am I right that it will drop to 87?
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BTC
94,607.75
-0.26%