Bitcoin

BTC - Broke to the Upside; Fakeout Or No?

99
Just noting on the simplest of patterns that Bitcoin broke from the symmetrical pattern it was in, flipped the resistance to support and (for now) but I take this with a grain of salt with the long holiday weekend in the US, there is an element of unknown going into the open tomorrow. If you are trading, just remember to use a stoploss and have a plan in case we see another swing low.

That said, This range in the upper 20S to lower 30S is turning into support zone for the time being. I am waiting to see how Tuesday's open goes before deciding on my next moves.

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.