Dear Traders all around the world
Today we're taking a look at BTC/USD. If you like my work, feel free to like & subscribe. I'm always interested in your opinions, so leave a comment down below!
We're finally taking out our 19th January high at $3784. As shown in the chart, we have a nice symmetrical triangle. Current trendline-top could match with a possible SFP (Swing-failure-pattern). Therefore, I'm considering to short BTC/USD, while mainly targetting for $3220-3250. If we manage to close our daily candle above $3870-3890, this get's invalidated.
Letting PA develop before taking any further action. Updates following.
Today we're taking a look at BTC/USD. If you like my work, feel free to like & subscribe. I'm always interested in your opinions, so leave a comment down below!
We're finally taking out our 19th January high at $3784. As shown in the chart, we have a nice symmetrical triangle. Current trendline-top could match with a possible SFP (Swing-failure-pattern). Therefore, I'm considering to short BTC/USD, while mainly targetting for $3220-3250. If we manage to close our daily candle above $3870-3890, this get's invalidated.
Letting PA develop before taking any further action. Updates following.