BTC Bullish Idea
Just an idea.
Volume is low so I think there is a good chance we drop back down to 43k support soon. A bounce and rise from there will create a reverse head and shoulders and hopefully give the momentum needed to break out of the large symmetrical triangle that has formed since the last all time high in April. Symmetrical triangle is a continuation pattern so we should break out of the top eventually.
Volume is low so I think there is a good chance we drop back down to 43k support soon. A bounce and rise from there will create a reverse head and shoulders and hopefully give the momentum needed to break out of the large symmetrical triangle that has formed since the last all time high in April. Symmetrical triangle is a continuation pattern so we should break out of the top eventually.
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.