Bitcoin / TetherUSUpdated Bitcoin - two scenarios, which one will happen? 🤔🤔
Bitcoin has been trading in a local triangle lately. Yesterday the price broke this triangle down and I am currently expecting clearer formations to trade.
I am now expecting several scenarios:
a) price could come back, test the lower boundary of the triangle as resistance and go lower, towards the marked targets.
b) price could come back, start squeezing, break the trend line, and only then if it successfully tests support, there could be a good moment to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
I am now expecting several scenarios:
a) price could come back, test the lower boundary of the triangle as resistance and go lower, towards the marked targets.
b) price could come back, start squeezing, break the trend line, and only then if it successfully tests support, there could be a good moment to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Note
Update 
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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.
Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.