LONG or SHORT - It's a really good question here.
For the Asending Triangle scenario we got all the things that we actually need. We got:
1) Highest highs
2) Highest lows
3) Petfect uptrend line
The main questions are:
1) Will it go up by the trend line or BTC correction gonna break it?
or
2) Can be this just a false breakdown with comeback to the trend?
3) Or there is a possibility to breakdown the uptrend for retesting it again, and then move for its low in May.
Think about it.
For the Asending Triangle scenario we got all the things that we actually need. We got:
1) Highest highs
2) Highest lows
3) Petfect uptrend line
The main questions are:
1) Will it go up by the trend line or BTC correction gonna break it?
or
2) Can be this just a false breakdown with comeback to the trend?
3) Or there is a possibility to breakdown the uptrend for retesting it again, and then move for its low in May.
Think about it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.