BTCUSDT: Consolidation = Opportunity!
These are just my own thoughts and analysis on BTCUSDT. Do not take this as financial advice.
BTCUSDT has been in a symmetric triangle formation in the past 15-20 hours. This means a breakout or a breakdown. Either way the price goes, it is profitable! Keep a close eye on this pattern.
My setup(not financial advice):
Close Above 10MA of the high: Long
Close Below 8MA of the low: Short
Liking and following will be greatly appreciated, comment down below on what you think!
BTCUSDT has been in a symmetric triangle formation in the past 15-20 hours. This means a breakout or a breakdown. Either way the price goes, it is profitable! Keep a close eye on this pattern.
My setup(not financial advice):
Close Above 10MA of the high: Long
Close Below 8MA of the low: Short
Liking and following will be greatly appreciated, comment down below on what you think!
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.
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.