Dear all,
A quick update on BTC on the short term.
BRC is currently trading tighter and tighter in the apex of a symmetrical triangle. A indecision pattern of choice.
2 main supports and resistance on breakout:
- UPWARD --> $6,800
- DOWNWARD --> $6,100 to $5,900
If you bought at $6,100, tighten your Stop Loss / If you are in fiat, wait for up/down breakout confirmation.
All the Best for the Crypto Space.
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
A quick update on BTC on the short term.
BRC is currently trading tighter and tighter in the apex of a symmetrical triangle. A indecision pattern of choice.
2 main supports and resistance on breakout:
- UPWARD --> $6,800
- DOWNWARD --> $6,100 to $5,900
If you bought at $6,100, tighten your Stop Loss / If you are in fiat, wait for up/down breakout confirmation.
All the Best for the Crypto Space.
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
For now we have a small upward breakout on this pattern Note
Still in a bigger one. New decision point.
Note
Getting bigger once agin:Note
Based on fib confluences, lack of volume and the no-man's land we are in. Here is the play I see coming:Note
Funny part of trading, we skipped the drawing to directly jump to 6.6k
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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.
Related publications
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.