We've got 2 scenarios here.
Scenario No.1 Falling wedge
Scenario No.2 Descending Triangle
No.2 would align with my long term view on BTC but the price refuses to break lower makes No.1 more and more likely as time flies by.
Either way swing traders will need volume on breakout for confirmation to enter a trade
###NOT FINANCIAL ADVICE###
Scenario No.1 Falling wedge
Scenario No.2 Descending Triangle
No.2 would align with my long term view on BTC but the price refuses to break lower makes No.1 more and more likely as time flies by.
Either way swing traders will need volume on breakout for confirmation to enter a trade
###NOT FINANCIAL ADVICE###
Trade active
Both are looking good now.Trade closed: target reached
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
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.
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
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.