stefangel90

Bitcoin symmetrical triangle (neutral pattern)

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BITMEX:XBT is in a symmetrical triangle pattern which is not bullish nor bearish pattern . We have a classic higher low and lower highs with no directional pattern. But the SQZNOM indicator printing a bullish divergence on daily gives me indication of the upside. If it breaks target is 12200. Down target is 8000-8400 or 200 EMA .
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