BTS - The hard slog
Hi fellows, today I'm looking at BTSBTC, which seem to struggle hard and repeatedly to maintain momentum to break up beyond a crucial 50% fib level.
The ascending triangle cautions to watch for supporting trendline to break for a retrace to the 38.2% fib level.
Additionally, there is an important resistance level to consider just beyond this 50 % fib level, which can lead to a potential bulltrap in case price skyrockets and punters flood in once the 50% fib level is broken.
Disclaimer: I'm short from the 50% fib level atm.
No advice, ensure your own due dilligence.
Happy trading.
The ascending triangle cautions to watch for supporting trendline to break for a retrace to the 38.2% fib level.
Additionally, there is an important resistance level to consider just beyond this 50 % fib level, which can lead to a potential bulltrap in case price skyrockets and punters flood in once the 50% fib level is broken.
Disclaimer: I'm short from the 50% fib level atm.
No advice, ensure your own due dilligence.
Happy trading.
註釋
Macro view of what I'm looking at below
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。