Hello traders,
So currently BTC is on a squeeze pattern it attempted to break into a lower zone but was stopped out with a nice support zone.
However it's also trending towards the downside and usually, after a squeeze there is a HUGE break towards either side, I believe it's currently TOO RISKY to trade.
If the market would break through like shown on the graph then we could see a nice opportunity to buy!
So currently BTC is on a squeeze pattern it attempted to break into a lower zone but was stopped out with a nice support zone.
However it's also trending towards the downside and usually, after a squeeze there is a HUGE break towards either side, I believe it's currently TOO RISKY to trade.
If the market would break through like shown on the graph then we could see a nice opportunity to buy!
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
Disclaimer
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.
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
Disclaimer
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.