Salaam
The king makes a triangle after a sharp fall.
Usually, the triangle is a continuation pattern but it's bidirectional and should wait to break aside.
In case it breaks to the downside, could send BTC to 42 or 41.5k.
Bytheway to be bullish again, BTC needs to close above 44.5k.
Do not forget Risk management.
Good luck,
The king makes a triangle after a sharp fall.
Usually, the triangle is a continuation pattern but it's bidirectional and should wait to break aside.
In case it breaks to the downside, could send BTC to 42 or 41.5k.
Bytheway to be bullish again, BTC needs to close above 44.5k.
Do not forget Risk management.
Good luck,
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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.