Babenski

Btc show traingle pattern on daily frame

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Btc show clear traingle pattern on daily frame

The chart is simple :

1- daily close above the upper trend line of traingle is a buy/long signal toward 11500-12k level in short term

2- daily close below the lower trend line of traingle is a sell/short signal toward 9k levels in short term

Both supports /resistances alsow show in chart

This analysis for short term

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تعليق:
More details :

short/long depends on how btc will react there at traingle lines

The positive sign is all waited dump
Never happened in history of btc when majority wait something the opposite happens so i am more bullish in short term

However break of 9800 will be extremely short signal up to 8k level

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