BTC is now breaking out of this symmetrical triangle with decent volume (above average). I'm now longing BTC.
Stop loss set around 37K, Profit target 50K. with Risk-Reward Ratio 6.
Another pattern worth looking at is the Three Rising Valleys. The buy signal flashes when breaking out of the horizontal line (2 at the top). The profit target of this pattern is at 42K, stop loss at 35.7K, with Risk-Reward Ratio 1.72.
Stop loss set around 37K, Profit target 50K. with Risk-Reward Ratio 6.
Another pattern worth looking at is the Three Rising Valleys. The buy signal flashes when breaking out of the horizontal line (2 at the top). The profit target of this pattern is at 42K, stop loss at 35.7K, with Risk-Reward Ratio 1.72.
Comment:
Thanks to Elon Musk, I am being stopped out :(