BitcoinUpdated Short Term BTC Update
I still have bullish bias on this one! Still expecting the target of the last triangle I posted to be reached (as the height of the triangle hasn't changed since then). Happy to be wrong though. I believe the next break up or down won't be a fake out as the triangle seems to be coming to a conclusion.
Note
Zooming in to the hourly. This red line needs to hold. Preferably holding before that at around the .786 - .95 retrace of the smaller scale wave we have had thus far.Note
Note
It would probably need to look something like this.
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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.