BTC in a triangle, possible retest of the 38-40K zone
Hello everyone,
BTC is currently ranging at resistance of what it looks like a symmetrical triangle (daily TF), It already attempted to breakout that triangle yesterday but it fails.
In my opinion this is a bad place to long and the probability now favor a retest of 40-38K.
The two options i see here is eitheir we brake that triangle in the coming days or we see a retest of that support zone.
As i consider myself more conservative i will personnaly wait for the retest of support & will take my chance if i see a setup forming near that zone!
BTC is currently ranging at resistance of what it looks like a symmetrical triangle (daily TF), It already attempted to breakout that triangle yesterday but it fails.
In my opinion this is a bad place to long and the probability now favor a retest of 40-38K.
The two options i see here is eitheir we brake that triangle in the coming days or we see a retest of that support zone.
As i consider myself more conservative i will personnaly wait for the retest of support & will take my chance if i see a setup forming near that zone!
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.