BTC USDT

19 nov.

BTC is making a rising channel making continuous higher lows while testing the same resistance. This suggest a bullish coil setup which indicates the breakout to the upside of the triangle. Overall outlook is also very bullish. Price might make a false move to the downside to shake out longs as you might know that if a pattern is too obvious then institutes will manipulate first and then move in the other direction. Furthermore market is always unpredictable and these are all probabilities so manage risk accordingly.