At the moment of typing this, BTC is still consolidating within its Symmetrical Triangle on the daily chart. BTC is fighting between its Bollinger Bands Midpoint and its Conversion Line (Tenkan Sen). Note that BTC has a curve up on the Ichimoku Cloud Lagging Span (Chikou Span) and also a slight curve up on the RSI. If we breakout on the upside or downside of the Symmetrical Triangle on higher volume then that will be possible confirmation of a renewed uptrend or downtrend. Please see the above screenshot for more detail of Support and Resistance. I hope this is helpful.
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.
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.