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Bitcoin
Long

$BTCUSD PATIENCE REQUIRED FOR BREAK FROM ASCENDING TRIANGLE

170
********The formation is bullish but not a great place to be entering a trade, wise to wait for a break from the pattern up or down, have you sell or buy orders in place above and below and let in play out. We would hope for a bullish break up and past resistance but the volume is just to low in our opinion. The alts are getting heavier volume today so once that turns BTC should go the other direction hopefully.
RedHotStocks
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
RedHotStocks
Also on:

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.