BTC USD : wait for the pattern confirmation
Quite a simple symmetrical triangle.
Wait for breakout its' support or resistance.
- if BTC could breakout its resistance(yearly downtrend resistance = symmetrical triangle resistance), it could go up 9000 or so.
- if BTC couldn't make it, BTC could fall down to around 4K by falling wedge.
All we have to do is just wait for the confirmation of the pattern.
Don't be in hurry. Keep calm. Prepare your own plan.
Good luck.
Wait for breakout its' support or resistance.
- if BTC could breakout its resistance(yearly downtrend resistance = symmetrical triangle resistance), it could go up 9000 or so.
- if BTC couldn't make it, BTC could fall down to around 4K by falling wedge.
All we have to do is just wait for the confirmation of the pattern.
Don't be in hurry. Keep calm. Prepare your own plan.
Good luck.
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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.
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.