BTC/USD (Getting Ready For Another Move?)

💎Technical Analysis Summary💎


BITSTAMP: BTCUSD


-It seems 19.5k dollars is acting as a strong resistance zone
-We can multiple rejections around this region
-On the technical side, it is forming a symmetrical triangle pattern
-If this pattern breaks to the upside, it will turn out a continuation flag
-But if it breaks down the downside, expect the CME gap to be filled in the short term
-Either way, you must have a plan and exit if you are wrong
-Only correct risk management and discipline will save you in the long run




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