There is only one way out of this triangle.
"Only one way out" was just marketing to catch you to read this idea. I was trying to fool you.
On 1D chart, RSI's showing clear bull divergence. Stoch is almost pointing up, wait a little bit. Failing to close under BB, the second time, can be a good entry.
4H stoch and RSI are oversold, we need to wait a little bit.
The Descending triangle can be "the top", so stop loss will be lowes low of the fractal candle on strong support.
1H chart reminds of small bull flag that can fail, for sure, as it always do in bear market. Though i'm a little bullish on BTC today.
Fib levels and Ichimoku are strong resistance, in case you make profit, do not forget to move you stop loss.
Happy trading
On 1D chart, RSI's showing clear bull divergence. Stoch is almost pointing up, wait a little bit. Failing to close under BB, the second time, can be a good entry.
4H stoch and RSI are oversold, we need to wait a little bit.
The Descending triangle can be "the top", so stop loss will be lowes low of the fractal candle on strong support.
1H chart reminds of small bull flag that can fail, for sure, as it always do in bear market. Though i'm a little bullish on BTC today.
Fib levels and Ichimoku are strong resistance, in case you make profit, do not forget to move you stop loss.
Happy trading
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