Hanging man pattern in development! In order for this to play out we will have to close the week within this pattern at our current resistance. If this plays out stand by for shorts at our next high. Please let me know what you think of my technical analysis and thank you.
Comment:
BTC/USDT determined to not let this happen with it's upper movement which was needed to prevent a bearish hanging man. Let see how this plays out.
Comment:
BTC/USDT! Nice breakout now we need a confirmation with a candle close above the current resistance to meet our targets at $9,800 -$10,300. If this candle doesn't close above resistance or give us follow through afterwards we can re enter the ascending triangle causing another lower high or break of the trend. Please let me know what you think of my technical analysis and thank you.
Comment:
BTC/USDT! No time for speculation, let's see what the charts tell us at today's close on the one week chart.