Dan_bad_cab

BTC Nearing Resistance or Potential Breakout?

BINANCE:BTCUSDT   Bitcoin / TetherUS
$BTCUSDT has been in this Symmetrical Triangle pattern for the past weeks now. With the price nearing the upper trendline resistance, a potential take profit area can be utilized to lock in those gains. But it can also be wise to leave some on the table since with the constriction, a short term to medium term bullish breakout can occur, so make sure to claim some profit on the way up since there are heavier resistances ahead still and knowing that we are still in this recent bear trend. Stay in caution!

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.