BTCUSD - LONG if this pattern shows signs of repeating?
BTCUSD seems to love following channels and repeating patterns - so here's an idea combining both
A bearish break below the orange channel and sustained below the outer grey channel would indicate early failure
Otherwise possible steep rise to $6000+ after the orange channel hits the outer grey bullish prevailing trend channel (around $4200). Just as it did on Aug 2nd...
A bearish break below the orange channel and sustained below the outer grey channel would indicate early failure
Otherwise possible steep rise to $6000+ after the orange channel hits the outer grey bullish prevailing trend channel (around $4200). Just as it did on Aug 2nd...
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