RandomOracle

Neutral Bias on BTC's Potential Direction

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT

Currently breaking the daily symmetrical triangle as I post this, targets for both bullish and bearish scenarios are in the chart!

If the daily closes above the upper trendline in the triangle, I'm expecting a move towards the indicated horizontal line around 50k.
If it closes below, I'd expect a move towards the low 20k's

Keep an eye on the daily close!!
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Previous Idea on the 3-day chart:
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Similar Idea on the daily TF, with a bit more of a bullish bias (still in play):
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New Idea on BTC with a different perspective
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Scary near-perfect rejection from that 0.382

^closer view

^Same fib but low time-frame
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Penafian

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