BTC Triangle, Breakout is coming
Updated
Macro Bitcoin triangle
This triangle is symmetrical = no favoritism towards breakout downwards or upwards
1) Wait for breakout in either direction
2) Wait for candle to close above/below before longing/shorting to make sure it is not a fake out
This triangle is symmetrical = no favoritism towards breakout downwards or upwards
1) Wait for breakout in either direction
2) Wait for candle to close above/below before longing/shorting to make sure it is not a fake out
Trade active
unfavorable opinion, time to short btc tho...
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.