Bitcoin is consolidating in a price range again.
We have formed a triangle in 4H chart. Also it could be a bearish pennant.
MACD and RSI are neutral.
If we have a confirmed break out to either side, we will see lots of volatility.
I'd say the possibilities are 65% bearish and 35% bullish.
Set conditional orders accordingly. I set two orders, one for the break to the upside one for the downside.
Keep an eye on this pattern.
BTCUSDT
We have formed a triangle in 4H chart. Also it could be a bearish pennant.
MACD and RSI are neutral.
If we have a confirmed break out to either side, we will see lots of volatility.
I'd say the possibilities are 65% bearish and 35% bullish.
Set conditional orders accordingly. I set two orders, one for the break to the upside one for the downside.
Keep an eye on this pattern.
BTCUSDT
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