BTC triangles
We can continue to draw triangles for BTCUSD. Maybe we will just continue around $2500 until Aug 1 with some short term swings. My channel is only a rough idea.
Volume is declining as well. Lots of people might have pulled out until the Segwit/USAF discussion is resolved one way or another.
For the BTC economy a relatively stable price is actually a good thing. For swing trading it means few opportunities, because signals are indecisive.
Volume is declining as well. Lots of people might have pulled out until the Segwit/USAF discussion is resolved one way or another.
For the BTC economy a relatively stable price is actually a good thing. For swing trading it means few opportunities, because signals are indecisive.
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.