BTC on symetrical triangle, whats next?
we didnt get the Etf solved yesterday,
soo we didnt bounced from symetrical triangle ,
TA looks identical to yesterday TA with only some nuremous changes,
we need to stay calm and dont get into trade in
bad place, market is very volatile on last days
. Soo far structure is bullish and we might get daily close today above 44k.
But dont trade on outbreak from this triangle,
with this volatile i expect a lot of moves
and a lot of fakeouts before right trend direction.
Even if we break triangle up i still think we might
get big red candle down to take out
longs before another leg up
soo we didnt bounced from symetrical triangle ,
TA looks identical to yesterday TA with only some nuremous changes,
we need to stay calm and dont get into trade in
bad place, market is very volatile on last days
. Soo far structure is bullish and we might get daily close today above 44k.
But dont trade on outbreak from this triangle,
with this volatile i expect a lot of moves
and a lot of fakeouts before right trend direction.
Even if we break triangle up i still think we might
get big red candle down to take out
longs before another leg up
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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.
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.