Bitcoin has formed an ascending triangle indicating that this could go either way 🤔
However 4hr candle has closed above last daily high... and also pulled back to the last daily high... confirming a buy.. which is the black lines indicated above... buy this pair and take profits where it last sold from which is blue lines indicated above..238 fib level to be exact..
However if price breaks thru last daily high black lines on bottom Wait for a pullback and sell this pair back to where it last sold
However 4hr candle has closed above last daily high... and also pulled back to the last daily high... confirming a buy.. which is the black lines indicated above... buy this pair and take profits where it last sold from which is blue lines indicated above..238 fib level to be exact..
However if price breaks thru last daily high black lines on bottom Wait for a pullback and sell this pair back to where it last sold
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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.