BTC has been trading within those ranges for days, and soon it will change. One of the possibilities is that BTC will rally to the upper side of the triangle until around 10th of June. We will get US key economic days released on that day and people might sell their risky assets (including crypto). We might see the bottom after that. The safer place to short or long is near the lines outside of the triangle, but with proper risk management trading within the triangle can also be rewarding.
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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.