This could break either way. You'd have to wait for a daily candle to close outside this really cool formation ... it'll happen soon. There's a bullish bias tho since BTC looks like it'll retest 10k.
Note
BTC is bullish, build long position, with Stop Loss at .069Note
Keeping only small position until confirmation.Note
Breakout?Note
Reader, move stop loss up to secure profit, this is an extremely risky asset.Note
I advice a trailing stop loss and let it ride until it gets stopped out or reaches the target. Good luck:) Cool formation, cool trade ... give it a like.
Putrid
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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.