BTC currently trading inside a big triangle formed since 17 days ago, we are now in the decision moment because is a symetrical triangle, this has 50% chances to break up, and 50% chances to break down.
We had a false breakout yesterday, breakout without volume and we went again inside triangle.
To confirm the direction we need to see a big volume income and a clear breakout.
Levels to watch:
Above: 39500 - 42000
Below: 36160 - 34075 -32500
Trade safe.
Engineer Alexa.
We had a false breakout yesterday, breakout without volume and we went again inside triangle.
To confirm the direction we need to see a big volume income and a clear breakout.
Levels to watch:
Above: 39500 - 42000
Below: 36160 - 34075 -32500
Trade safe.
Engineer Alexa.
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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.