BTC moving nicely the last few days within this triangle. Seems like a break either way could be big, volume needs to keep up and notice the MA Cross that has been pretty consistent...could be due for a nice upswing. Thoughts?
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Holding tight to the triangle still...volume has decreased so I'm inclined to think this is going to send BTC lower.Note
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That was a quick spike to the bottom of the triangle, if it breaks below I think we head towards the $3200 range!Note
Trend lines adjusted just ever so slightly, but still in a tight range on the 1 hour. Still need some volume to justify a break to the up side, but this should play out in the next few hours.Note
Broke out if that triangle really hard. Might look for a dead cat bounce, but the chart is ugly! Be safe!
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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.