BTC is neutral-bearish, however, current ascending triangle is holding.
Steps to take:
1) Buy at support line OR candle open/close above orange McGinley Dynamic line OR if Engineering Robo gives multiple buy signals
2) Sell if candle open/close below 34600 support line
Steps to take:
1) Buy at support line OR candle open/close above orange McGinley Dynamic line OR if Engineering Robo gives multiple buy signals
2) Sell if candle open/close below 34600 support line
Comment:
There is a case to be made that the current triangle is forming into a descending triangle
Comment:
BTC continues bearish tendency. A full candle break and hold above $34,600 will make us bullish again.