BTC Symetrical triangle - Where now?
Hello traders,
Quick update for 2H frame on BTC. We can see that symetrical triangle is formed and soon breakout will occur. It hard to predict whether up or down, but i marked both support and resistance line, where it should go after breakout. Depends on whales. Use tight sl. I personally pass this time and will wait for more clear and confident entry - Remember, in trading you do not have only two choices (open short or long). There is third choice, which is often the best - pass trade if you are not confident about it and wait.
I will appreciate like & follow
TRADE WITH BRAIN, NOT GREED
Quick update for 2H frame on BTC. We can see that symetrical triangle is formed and soon breakout will occur. It hard to predict whether up or down, but i marked both support and resistance line, where it should go after breakout. Depends on whales. Use tight sl. I personally pass this time and will wait for more clear and confident entry - Remember, in trading you do not have only two choices (open short or long). There is third choice, which is often the best - pass trade if you are not confident about it and wait.
I will appreciate like & follow
TRADE WITH BRAIN, NOT GREED
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