While I remain bearish overall, I think we could see a rally here based on this Triangle Pattern. Other crypto pairs have painted this pattern and broken out of it already, most notable one is XRPBTC
A clear candle close above that line is a buy signal, or as soon as the price breaks above the top line.
A drop below 6200 would make this pattern worthless.
A clear candle close above that line is a buy signal, or as soon as the price breaks above the top line.
A drop below 6200 would make this pattern worthless.
Note
BreakoutNote
Stop moved to breakout point. Take profit on measured moves and let the rest ride.
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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.