Bitcoin / TetherUSUpdated Neutral Bias on BTC's Potential Direction
BTCUSDTCurrently breaking the daily symmetrical triangle as I post this, targets for both bullish and bearish scenarios are in the chart!
If the daily closes above the upper trendline in the triangle, I'm expecting a move towards the indicated horizontal line around 50k.
If it closes below, I'd expect a move towards the low 20k's
Keep an eye on the daily close!!
Note
Previous Idea on the 3-day chart:
Note
Similar Idea on the daily TF, with a bit more of a bullish bias (still in play):
Note
New Idea on BTC with a different perspective
Note
Scary near-perfect rejection from that 0.382^closer view
^Same fib but low time-frame
Note
Note
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.
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.