BTC Long
According to the chart, it is clearly evident that a triangle has been formed since Dec 4th, 2021. With having a glance at the breakout level at the price of 49620, due to lacking of volume trading, there is no sure and certainty among traders to make the market bullish again. However, a true breakout in RSI 14 is seen and also the pullback has been successfully completed. Being patient is the best strategy while no enough data is provided to invest or trade.
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.