BTC triangle, technically bearish pennant. But could also b,flag

I don't have a bias with BTC. Some alts are looking alright which is a good sign.
I see a triangle. Two touches on the bottom support, we're on the third touch of the upper resistance (of the triangle)

Triangles are full of traps. Just sharing this as something to consider - or not.
I'm too hot today to even think about trading. It's so damn hot......

Not trading or financial advise.

ความคิดเห็น:

Oh and there is that potential bear flag the triangle could make on it's 'fakeout.
Or you know, it just goes up lol.
I have no bias.

ความคิดเห็น:

annnd. That triangle is at the bottom of a dip which would indicate a bear pennant,
But that happened at 30k last year... it's a Triangle!! rekt both sides, broke down a little bit then pumped to ATH. Just don't know

ความคิดเห็น:

If I had money on the side - I might use a small amount in a gridbot to take advantage of any and all fuckery with BTC.