BTC/USD
Bullish Case
- Break out above $19.4k
- Daily MACD and Histogram reversing
- Symmetrical Triangle, 20% chance breaking upside
Bearish Case
- Heavy resistance zone at $19.4k which was once support
- CME close of $18.75k
- Symmetrical triangle in a downtrend tends to be a continuation patter.Strong Support at the $45 level shown by the Volume Profile
I am more bearish than bullish, thoughts?
Bullish Case
- Break out above $19.4k
- Daily MACD and Histogram reversing
- Symmetrical Triangle, 20% chance breaking upside
Bearish Case
- Heavy resistance zone at $19.4k which was once support
- CME close of $18.75k
- Symmetrical triangle in a downtrend tends to be a continuation patter.Strong Support at the $45 level shown by the Volume Profile
I am more bearish than bullish, thoughts?