Hi everyone,
We have a big triangle (in purple) right now that is coming to decision time.
If we break down from 9600 with confirmation, it will take us to the next support at 8800 which is a great buy opportunity as a larger bull flag is in play.
If we break up closing above 10,000 our target is 11k at the very least
I believe that BTC wants to break down, currently inside a bear flag, but ETH and other alts are pushing upwards. We will see who is stronger.
This triangle should break within 12 hours
We have a big triangle (in purple) right now that is coming to decision time.
If we break down from 9600 with confirmation, it will take us to the next support at 8800 which is a great buy opportunity as a larger bull flag is in play.
If we break up closing above 10,000 our target is 11k at the very least
I believe that BTC wants to break down, currently inside a bear flag, but ETH and other alts are pushing upwards. We will see who is stronger.
This triangle should break within 12 hours
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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.
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.