While I remain bearish overall, I think we could see a rally here based on this Triangle Pattern. Other crypto pairs have painted this pattern and broken out of it already, most notable one is XRPBTC
A clear candle close above that line is a buy signal, or as soon as the price breaks above the top line.
A drop below 6200 would make this pattern worthless.
A clear candle close above that line is a buy signal, or as soon as the price breaks above the top line.
A drop below 6200 would make this pattern worthless.
Comment:
Breakout
Comment:
Stop moved to breakout point. Take profit on measured moves and let the rest ride.