hi all, im watching the market and wanted to post this idea... I see ascending triangle which is bullish pattern and with enough volume I believe BTC will break upwards through the previous downtrend line as can be seen on my chart...
Good luck.
Good luck.
Note
It is at the downtrend line, trying to break it upwards. Need to watch it here it can either go up or turn into bear flag and go more down.Note
Long was success but it could not break the downtrendline and there is no volume to go up for now. It is more likely to go down from here because of rejection.Note
Short term long position can be opened now from 34k area...Note
33k-33500 range is a good entry for longing short term if it does not hold 34k now.Note
I was wrong... Should have shorted instead of longing.
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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.