BTCUSDT has formed a symmetrical triangle pattern on the one hour chart, indicating a period of consolidation and indecision between buyers and sellers. The price is still within the triangle, and no breakout has occurred yet.
In addition, there is some ETF news coming these days that might create the breakout.
I am waiting for a clear and decisive breakout on a high volume before entering the market. This is a high-risk, high-reward trade, so please do your own research and use proper risk management. Happy trading!
In addition, there is some ETF news coming these days that might create the breakout.
I am waiting for a clear and decisive breakout on a high volume before entering the market. This is a high-risk, high-reward trade, so please do your own research and use proper risk management. Happy trading!
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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.
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.