Since it's all time high we can see that Bitcoin formed a very long symmetrical triangle and price has always been rejected when it touched tops of the triangle formation.
A breakout of the triangle would give us a very important signal that Bitcoin may have enter the early phase of it's new bull market. Accordingly to your trading strategy you can:
Less risky strategy:
*Wait for the breakout of the triangle formation
*Wait for a new consolidation on new highs
*Buy IF price breaks new consolidation
More risky strategy:
*Buy IF price breakout the triangle formation (50% of your investment)
*Wait for a new consolidation on new highs
*Buy IF price breaks new consolidation (50% of your investment)
A breakout of the triangle would give us a very important signal that Bitcoin may have enter the early phase of it's new bull market. Accordingly to your trading strategy you can:
Less risky strategy:
*Wait for the breakout of the triangle formation
*Wait for a new consolidation on new highs
*Buy IF price breaks new consolidation
More risky strategy:
*Buy IF price breakout the triangle formation (50% of your investment)
*Wait for a new consolidation on new highs
*Buy IF price breaks new consolidation (50% of your investment)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.