Hello traders, I hope you have taken note of the triangle kind of pattern that is being printed on Bitcoin. Since Bitcoin bottomed at around 25400, we saw a strong reaction that pushed price up. Thereafter, bitcoin had been in a consolidation state with no clear indication as to where the next move would be. It is important to say that the best way to predict the next move is to wait for this triangle to be broken either to the top or to the bottom and catch the next impulse. Price continues to be squeezed and the triangle is getting narrower which may signal that an explosive breakout is imminent.
I would carefully monitor this market for a possible trading opportunity, of course if I witness a convincing breakout.
I will appreciate your continuous support, your likes do really matters to me. If you have any question feel free to ask in the comment section below.
Namaste❤️
I would carefully monitor this market for a possible trading opportunity, of course if I witness a convincing breakout.
I will appreciate your continuous support, your likes do really matters to me. If you have any question feel free to ask in the comment section below.
Namaste❤️
