Hey friends,
BTC in a symmetrical triangle on a daily chart as you can see above.
If we break out to the downwards, it won't be good for BTC. I believe it is likely to break that, but again it's BTC and it likes to do its weird thing.
I've marked a few support levels to keep an eye on if BTC dips. Will keep updating.
Do share your thoughts on what you think as well.
Happy Trading :)
BTC in a symmetrical triangle on a daily chart as you can see above.
If we break out to the downwards, it won't be good for BTC. I believe it is likely to break that, but again it's BTC and it likes to do its weird thing.
I've marked a few support levels to keep an eye on if BTC dips. Will keep updating.
Do share your thoughts on what you think as well.
Happy Trading :)
Note
BTC broke out downwards so it might test the first support around @6350 unless some big buy volume comes in. But for not isn't looking good.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.