Bitcoin
Updated

BTCUSD 1D IS IN A CONTINUATION TRIANGLE PATTERN

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Follow the highlights listed on the chart
This is a Bank Holiday weekend
Volume & Volatility are dropping
Candle bar size is shrinking reducing ATR
All of this is causing price to consolidate
Price created a continuation triangle chart pattern which has a bullish bias
Price failed to make a bullish breakout close
Wait for a candle close on a triangle trendline breakout either direction
Watch volume to confirm momentum
Note
Looks like Bullish Continuation breakout trade
snapshot
Note
Watch retracement for entry or re-entry
snapshot

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