Keep it plain, simple and minimize the noise!
Here we see a bull pennant on the Bitcoin daily, on the inverted scale.
Inverting the chart is great to really bring things into perspective sometimes and see what your missing.
This pattern is a bullish pattern, however every single pattern has the probability of going both ways.
Since breaking this pennant to the downside and getting what seems to be a bearish retest confirmation, this could give enough of a push to break and start trading between the 49k-50k zone.
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
Comment your ideas down below :)
Here we see a bull pennant on the Bitcoin daily, on the inverted scale.
Inverting the chart is great to really bring things into perspective sometimes and see what your missing.
This pattern is a bullish pattern, however every single pattern has the probability of going both ways.
Since breaking this pennant to the downside and getting what seems to be a bearish retest confirmation, this could give enough of a push to break and start trading between the 49k-50k zone.
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
Comment your ideas down below :)
İlgili yayınlar
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.
İlgili yayınlar
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.