Bromadic

#Bitcoin - Ascending triangle update

Bromadic Updated   
BITMEX:XBTUSD.P   Bitcoin
in my last post, i mentioned it's too early for us to know

Now we know!! more I am trading & charting I am starting to understand both Support & resistance are not A SINGLE LEVEL but actually Zones!!, right now we are at the resistance & if we reject here I am HOPING THAT fibs will hold & trendline support as well.


Once we break & close above the red box we will go up for sure, I have my long bids waiting around 11800 for a long position of broken triangle
I AM ALSO HEDGING A SHORT HERE after 4hr candle close, it is just incase support doesn't hold & we breakdown, either way, it will be still 200$ scalp if things go as my plan

Trade active:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.