BTC - In Apex's triangle ready for 6.1k or 6.8k
Updated
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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