Bitcoin is at a precarious position....UPDATE!
BTCUSD is in a Symmetrical Triangle. But it looks more like a Bear Flag to me. So , price has found itself at the resistance line of the triangle, and we have to wait and see what happens next, right?
Perhaps a FAKEOUT! Maybe a BREAK OUT-BREAK BACK IN move. Followed by the bearish train downtown.
Perhaps.
Let's be patient, have a plan in place, with a backup plan!
Did you notice the Stoch's are showing the market is over extended to the upside?
Price is at a Weekly key level of S&R, as well.
Just sayin'....
Perhaps a FAKEOUT! Maybe a BREAK OUT-BREAK BACK IN move. Followed by the bearish train downtown.
Perhaps.
Let's be patient, have a plan in place, with a backup plan!
Did you notice the Stoch's are showing the market is over extended to the upside?
Price is at a Weekly key level of S&R, as well.
Just sayin'....
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