Category: Tether (USDT)

Bullish Consolidation 1-2-3-Breakout Pattern

This is a great example of the 1-2-3-Breakout pattern on Bitcoin using the Daily chart.

This pattern can be applied to any equity. Chart patterns represent human behavior and that is a constant among all asset classes.

Point 1 – The First Test – The New High
Price reaches a new high and pulls back when investors take profits.
Price falls.

Point 2 – Second …

This article was originally published on: The Tether Blog on