BTC/USD One of two outcomes will happen.
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Hello Friends,
I am looking at the daily timeframe and see one of two things that are going to happen. We have the possibility of a bullish triangle reaching the 10500.xx area or we get a proper ABC correction.
Watch for the breakout or breakdown according to the triangles trendlines. In this way, you will know for sure the direction of the trend and decide from there what trade plan you will implement.
Good Luck
CHEERS
I am looking at the daily timeframe and see one of two things that are going to happen. We have the possibility of a bullish triangle reaching the 10500.xx area or we get a proper ABC correction.
Watch for the breakout or breakdown according to the triangles trendlines. In this way, you will know for sure the direction of the trend and decide from there what trade plan you will implement.
Good Luck
CHEERS
Note
Warning, 4hr has bearish divergence. Most likely heading down soon.Note
Bearish Divergence H4 Note
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