Order cancelled
As of April 16, the breakout trade has not been triggered. Since BTC is trading below its 50-day moving average, the consolidation zone between 67500 - 72000, which is above the 50-day moving average, has failed. It is forming a new consolidation zone between 61500 - 65200, and I am waiting to see if any pattern will be formed here.
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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.