Hi fellows,
As you can see, a classic pattern which we call a symmetrical triangle has formed on Bitcoin 1hr chart.
The pattern target is ONLY active once we have a breakout from the pattern, at around $9450.
Have a great day!
Abdulla
As you can see, a classic pattern which we call a symmetrical triangle has formed on Bitcoin 1hr chart.
The pattern target is ONLY active once we have a breakout from the pattern, at around $9450.
Have a great day!
Abdulla
Order cancelled
Bitcoin never broke $9450 level, so the trading idea is now canceled. Lesson Learned: Never take a trade until price action confirms the next movement.
- Abdulla
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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.