Hey friends,
BTC in a symmetrical triangle on a daily chart as you can see above.
If we break out to the downwards, it won't be good for BTC. I believe it is likely to break that, but again it's BTC and it likes to do its weird thing.
I've marked a few support levels to keep an eye on if BTC dips. Will keep updating.
Do share your thoughts on what you think as well.
Happy Trading :)
BTC in a symmetrical triangle on a daily chart as you can see above.
If we break out to the downwards, it won't be good for BTC. I believe it is likely to break that, but again it's BTC and it likes to do its weird thing.
I've marked a few support levels to keep an eye on if BTC dips. Will keep updating.
Do share your thoughts on what you think as well.
Happy Trading :)
Comment:
BTC broke out downwards so it might test the first support around @6350 unless some big buy volume comes in. But for not isn't looking good.