BTC Symmetrical Triangle

5 ธ.ค. 2020

Bitcoin XBTUSD is in a symmetrical triangle, trying to decide if it should break ATH or it should go down to fill in the BTC Futures gap. Either way I am waiting for a trendline break and close for a confirmation for a trade.

9 ธ.ค. 2020

บันทึก

I am sure there are many disappointed traders out there... BTC broke its triangle upwards but the volume was very low. My upper yellow horizontal line was the level which I expected would cause a retest of the pattern, however not only it didn't reach it but failed the retest and broke downwards, we might see a retest again at 18,800$ levels since the CME Futures hit strong support at the Gap. My bias is bearish if BTC does not return into the 19,000$ levels.

9 ธ.ค. 2020

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