Good Morning Traders,
I may now seem like a broken record, but I can only illustrate what the charts show me.
the illustration here, is indicative of a continuation type formation these types have become more common around crypto especially with bitcoin suggesting intuitional influence.
I'm expecting a slight pullback and a breakout of this structure, highlighted with the upper purple line.
I will look to the 5min and lower to see how we do break out of this formation.
simply now a matter of waiting.
I may now seem like a broken record, but I can only illustrate what the charts show me.
the illustration here, is indicative of a continuation type formation these types have become more common around crypto especially with bitcoin suggesting intuitional influence.
I'm expecting a slight pullback and a breakout of this structure, highlighted with the upper purple line.
I will look to the 5min and lower to see how we do break out of this formation.
simply now a matter of waiting.
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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.