I think we could go up again and look for the 10k but i dont know for sure after seeing it reach price a couple times and the distance between ETH and BTC somehow expanding in the same time so i go long but keep an eye again around 9575 or higher
If we Consider that two Blue Lines , A symmetrical Triangle Then Scenario A Green line Will Be the prediction of market change
and if market will not move further , the Scenario B will be possible to occur .
What do You Think ??!
As you see , the 50 Days MA showed by Gold color , crossed downward 100D MA and 200 D MA , this shows that you must close as soon as possible the longs on BTC
This is cation that we must not ignore and act as what we see , not what we want to happen.
The ascending triangle showing a bullish formation that during this uptrend as a continuation pattern. this ascending triangles form as reversal patterns at the end of a downtrend, but it could continue the pattern and price rise as it going up.
Bitcoin tends to move in a ABC fashion, even on multiple scales and sub waves
Bitcoin also tends to magnet towards critical support/resistance prices (trend lines/EMA/Fiblevels/wedges/triangles) etc
For example this triangle that has formed over the past few days bitcoin is consistently testing the tops and bottom of it with subwaves going ABC
Since BTC has as not...