Quick BTC Update: Multi-Pattern Breakout
Ticker:
BTCUSD
Timeframe: 3h/2 weeks
Looking like a possible breakout on touch D of the elongated parallel channel and touch D of the triangle. Though it will need to break short term resistance at around $148.5 and $149.5 to confirm a possible uptrend.
If broken we could see a completion of the B for the ABC correction around $155-$165 to then break down to the C.
Grey boxes denote where I scaled in, so I'm currently down and HODLing like a mf. Let's hope no market FUD hits and some announcement breeds FOMO!
BTCUSD
Timeframe: 3h/2 weeks
Looking like a possible breakout on touch D of the elongated parallel channel and touch D of the triangle. Though it will need to break short term resistance at around $148.5 and $149.5 to confirm a possible uptrend.
If broken we could see a completion of the B for the ABC correction around $155-$165 to then break down to the C.
Grey boxes denote where I scaled in, so I'm currently down and HODLing like a mf. Let's hope no market FUD hits and some announcement breeds FOMO!
ความคิดเห็น:
lol I mean LTC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
