Looks like a pretty clear triangle has formed. If we break any of these two barriers with confidence in the market, we can see either a bullish or bearish trend in the future. We'll see what happens from here, but my recommendation is to sit tight while the market decides what it wants to do before we make any judgments.
Note
It's actually looking not too bad. I'll check back again in a little. HODL!Note
We are beginning to test the upper barrier of the triangle formation! Let's see if a breakout happens.
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Breakout is starting! Remember to leave a buffer to block out some of the "noise" in the marketNote
Alright, cool it actually went bullish!
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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.