Hi BINANCE:BTCUSDT Binance exchange we have a triangle pattern in the chart that you can see that in purple lines. if price closed upper than triangle we expect the price move to resistances and if closed under the triangle we expect that move to test the supports you can see supports in green lines and resistances in red lines .
you can ask your questions in the comments Follow for more ideas
Nice ideas!
We agree BTC is due for a short-term correction.
CME institutional traders’ net position remains similar to the level in mid-February 2020, and it has been dropping significantly since BTC attempted 10k. This makes it very hard to argue the short-term bull side.
What do you think of our setup below?