If the daily does not violate the green trendline, the probability to break up is higher.
Disclaimer: These are not trading signals. Trade at your own risk!
Disclaimer: These are not trading signals. Trade at your own risk!
Nota
Best to stay full cash now, my personal bias is that BTC will be breaking down. I might also be wrong, hence the reason to stay in cash. A lot top authors are bullish on TV, claiming the symmetrical triangle is a continuation pattern. Theoretically, yes, but it usually doesn't apply to BTC. It's not a good sign usually when the top authors do that, no offense to them, but don't trust anyone else's TA other than yours, not even mine! BTC could drop dead all the way to 18k within one 15 min candle and back up to 35k. So do your due diligence and always remember you are NEVER missing out, unless you start to feel like you are going to miss out. All the best! Peace! ✌️Nota
For granularity,
Nota
BTC played a trick as always, it went up like it was following the red path but it didn't quite touch the side of the triangle, turned around, came down and touched the other side. Hopefully it will now follow the green path to break out of the triangle to test the ATH(atleast for the sake of the shorts opened there..lol). 5 contact points down, one more to go. Could be in the next one day or it could drag it out for another week. We have to wait and watch.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.