Follow up of my previous idea
Relatively safe entry for a buy.
Totally dependant on bitcoin's movement and the direction it breaks out of this current big triangle/ Not expecting a huge bull either, just spot positioning in case we continue sideways for consolidation, rather than a panic wave with a big bitcoin dump.
Invalidated if we breakdown supports on daily timeframe
Relatively safe entry for a buy.
Totally dependant on bitcoin's movement and the direction it breaks out of this current big triangle/ Not expecting a huge bull either, just spot positioning in case we continue sideways for consolidation, rather than a panic wave with a big bitcoin dump.
Invalidated if we breakdown supports on daily timeframe
Order cancelled
Invalidated until we get back in the channel, or we get good signals on bitcoinAlso, ETCBTC support was breached too, so you can put your alarms back to 0.002 to be informed of potential uptrend
Note
ETC listed to coinbase, and is back into the upchannel.
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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.