BTCUSDT buy or sell??
as you see in this analysis BTC is in a bullish trend and it stuck in a bullish triangle.
so what we expect from BTC is to break the triangle, pullback and continue till about 14000. where it is a strong weekly resistance.
but if it didn't break the triangle to the top and some bearish candles occurred, kijun-sen will rise while price goes down. so the price will break the kijun-sen and it becomes a resistance.
so if you have BTC wait for the breaks and put your stop loss right below the weekly support.
and if you want to enter it, wait for the bulls to break the triangle to top and put your TP about 14000USDT.
so what we expect from BTC is to break the triangle, pullback and continue till about 14000. where it is a strong weekly resistance.
but if it didn't break the triangle to the top and some bearish candles occurred, kijun-sen will rise while price goes down. so the price will break the kijun-sen and it becomes a resistance.
so if you have BTC wait for the breaks and put your stop loss right below the weekly support.
and if you want to enter it, wait for the bulls to break the triangle to top and put your TP about 14000USDT.
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