BTC (Y20.P5.E11).Don't you know about BTC triangles?
Updated
Hi All,
Looking at a few signs, I'm confident we will be having a ranging price action which will be some sort of large bullish pattern.
The possibilities are:
a) 1st on the list, a ascending triangle
b) W formation
c) wedge reversal formation
d) channel
e) inverted H & S
Note the EMA (50,100) blue ribbon has confluence with this thesis, acting as support.
I'm leaning with a) so far it fits the model.
All the best,
S.SAri
Note the RSI.
4 HRLY chart., Note the RSI giving us clues.
Note the fractal with the dump and bounce
NOTE MY MACRO CHART
Looking at a few signs, I'm confident we will be having a ranging price action which will be some sort of large bullish pattern.
The possibilities are:
a) 1st on the list, a ascending triangle
b) W formation
c) wedge reversal formation
d) channel
e) inverted H & S
Note the EMA (50,100) blue ribbon has confluence with this thesis, acting as support.
I'm leaning with a) so far it fits the model.
All the best,
S.SAri
Note the RSI.
4 HRLY chart., Note the RSI giving us clues.
Note the fractal with the dump and bounce
NOTE MY MACRO CHART
Comment
such things like a triangle, have a major wedge inside it.? we will know soonComment
From here to the top blue area...if it goes above, then its likely to go higher but can it hold... don't think so.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.