BTC is neutral-bearish, however, current ascending triangle is holding.
Steps to take:
1) Buy at support line OR candle open/close above orange McGinley Dynamic line OR if Engineering Robo gives multiple buy signals
2) Sell if candle open/close below 34600 support line
Steps to take:
1) Buy at support line OR candle open/close above orange McGinley Dynamic line OR if Engineering Robo gives multiple buy signals
2) Sell if candle open/close below 34600 support line
Note
There is a case to be made that the current triangle is forming into a descending triangleNote
BTC continues bearish tendency. A full candle break and hold above $34,600 will make us bullish again.
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.
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.