rfelchuk

BTCUSD. Another 3K up?

Long
rfelchuk Updated   
BYBIT:BTCUSD   None
Hi there!

So we found support at the same level as last time when BTC flew to over 10K.

Will the support hold? Well, that I cannot know.

But trading is the game of probabilities, isn’t it?

Last time acceleration was outstanding so even if we don’t see 10K in a day I still think we might have approached a good support.
Comment:
If this triangle price breaks out I would expect 7900

That said a breakout must be solid
Comment:
Comment:
breakdown from triangle and I believe price is going for a retest of the range low

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.