Quick BTC Update: Multi-Pattern Breakout
Updated
Ticker: 
BTCUSD
Timeframe: 3h/2 weeks
Looking like a possible breakout on touch D of the elongated parallel channel and touch D of the triangle. Though it will need to break short term resistance at around $148.5 and $149.5 to confirm a possible uptrend.
If broken we could see a completion of the B for the ABC correction around $155-$165 to then break down to the C.
Grey boxes denote where I scaled in, so I'm currently down and HODLing like a mf. Let's hope no market FUD hits and some announcement breeds FOMO!
BTCUSDTimeframe: 3h/2 weeks
Looking like a possible breakout on touch D of the elongated parallel channel and touch D of the triangle. Though it will need to break short term resistance at around $148.5 and $149.5 to confirm a possible uptrend.
If broken we could see a completion of the B for the ABC correction around $155-$165 to then break down to the C.
Grey boxes denote where I scaled in, so I'm currently down and HODLing like a mf. Let's hope no market FUD hits and some announcement breeds FOMO!
Note
lol I mean LTC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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