BTC triangle, technically bearish pennant. But could also b,flag

2022年7月18日

I don't have a bias with BTC. Some alts are looking alright which is a good sign.
I see a triangle. Two touches on the bottom support, we're on the third touch of the upper resistance (of the triangle)

Triangles are full of traps. Just sharing this as something to consider - or not.
I'm too hot today to even think about trading. It's so damn hot......

Not trading or financial advise.

2022年7月18日

註釋

Oh and there is that potential bear flag the triangle could make on it's 'fakeout.
Or you know, it just goes up lol.
I have no bias.

2022年7月18日

註釋

annnd. That triangle is at the bottom of a dip which would indicate a bear pennant,
But that happened at 30k last year... it's a Triangle!! rekt both sides, broke down a little bit then pumped to ATH. Just don't know

2022年7月18日

註釋

If I had money on the side - I might use a small amount in a gridbot to take advantage of any and all fuckery with BTC.