BITCOIN Short-Term Options

What's up Everyone! 😃

A quick one here I just wanted to point out that we are still holding the channel support on the BTCUSDT 4H which I was talking about yesterday 👇

In addition I wanted to point out the orange lines that represent local support/resistance which need to be broke to confirm short-term volaility into either direction.

I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.


Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to
improve my ideas and puts a smile on my face! 😃🙏

Comment:

It's getting interesting, BTC rallied back into the EMA Ribbon and the ascending channel here on the 4h chart. Now sitting right at the 37.5k resistance level like the last 2 days, where we ended up getting rejected every time so far.
It's getting tight towards the apex of the triangle also now, so the pattern and maybe even the hannel will have to break within the next few candle closes.