Commodity trader Peter Brandt posted a mysterious chart pattern, but no one seems to be able to decipher it
In a recent tweet, trader Peter Brandt said, warned A cryptocurrency trader with Bitcoin, the largest cryptocurrency, forming a “three blind rats” chart pattern.
Some of Brandt’s followers thought he had coined the name of the chart structure, but commodity traders had repeatedly used the term in the past to describe what appeared to be continuation patterns.
Especially cryptocurrency traders murmured About “6 Famous Blind Mouse Signals” of April 2020.
The contour structure discovered by Brandt appears to resemble a “three black crows” pattern, but the pattern consists of three consecutive long-bodied red candles. This is not the case with the charts shared by Brandt. The “Three White Soldiers” pattern is the opposite of the “Three Black Crows” chart configuration, with three long-bodied green candles.
Earlier today, the price of Bitcoin Bitstamp Exchange Slumps To Intraday Low Of $16,743 After Mazar, The French Financial Auditing Firm Behind Binance’s Proof Of Reserve (PoR) Audit, Suddenly Halted All Crypto Work .
The cryptocurrency market is down 75.64% from its all-time high of $69,044.