After breaking out of a rising wedge on the daily, BTC found support at my 59,311 level but is being resisted by 61,211.
I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out!
This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an obvious downtrend. But have major support between 57,500 and 58,100. Will it hold? If not than my previous idea seems very likely!! Check it out and support my work if you find this content useful. Best of luck!
I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out!
This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an obvious downtrend. But have major support between 57,500 and 58,100. Will it hold? If not than my previous idea seems very likely!! Check it out and support my work if you find this content useful. Best of luck!