There is basically nothing to see on Bitcoin at the moment on higher time frames, so we are forced to zoom in and look for clues.
We have a clear symmetrical triangle, which could be considering a bull pennant. Regardless, the next move will likely be defined by whether price breaks up or down from this triangle.
Still… this is all chop on larger time frames.
We have a clear symmetrical triangle, which could be considering a bull pennant. Regardless, the next move will likely be defined by whether price breaks up or down from this triangle.
Still… this is all chop on larger time frames.
scott.melker@texaswestcapital.com
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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.
scott.melker@texaswestcapital.com
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.