You can feel rising tension on Bitcoin. Which direction price with explode from triangle? One on the best method to define early price explosion is to use Alligator. It is simple but very reliable indicator. All three balance lines are getting closer to each other – Alligator is going to sleep. But when he weak up he become very hungry and will chase the price right to the end of the new form swing. You can open Buy and sell Stop orders on the last fractals above and below alligator mouth. Four hours chart shows
One-hour chart shows a lot clearer picture… just wait and see incoming price explosion. There is no momentum changes and price makes a very small moves. lets wait and see what will happen next.
Can you tell which direction price will explode?
Cheers, Jim
Note
“Simplicity is the ultimate sophistication” - Leonardo da Vinci
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