BTC Triangle: Holding 51850 Daily Open
Forming symmetrical triangle
Currently testing: 51850
- Range EQ (0.5 FIB)
- Daily open
BULLISH (blue path)
Breakout to the upside, flip 0.236 level @ 52200
Tap range high @ 52650
Look for longs if we hold 0.236
BEARISH (red path)
Lose Daily Open @ 51800
Retest 0.786 @ 51230
Currently testing: 51850
- Range EQ (0.5 FIB)
- Daily open
BULLISH (blue path)
Breakout to the upside, flip 0.236 level @ 52200
Tap range high @ 52650
Look for longs if we hold 0.236
BEARISH (red path)
Lose Daily Open @ 51800
Retest 0.786 @ 51230
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