This current pattern of double tops appears to be condensing in the 7500-8000 range. Will be looking for another position around 7500 after confirmation that there wont be another bout of large selloff. Additionally I will be looking for the pattern to be mutating into something moire bullish while it is bouncing around in the flat zone that I am sure it will be in for the next month or so. BTC market has to further condense before we see another exponetial breakout.
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.