BTS/BTC - Symmetrical triangle

- Possible symmetrical triangle forming?
- StochRSI indicates BTS is oversold
- Cup and handle recently formed on daily, indicating upward movement

Symmetrical triangle is a continuation pattern, we will have to wait for a breakout on either side before deciding to move in.

評論:

It really wants to break the upside, but the sell orders around 150 sats are strong.
We need to destroy this sell wall in order to break out properly. I would say a candle close @ 155 sats would confirm a breakout to the upside.

評論:

We broke 150 sats like expected and even hit 158 sats.
I think we can consider this an upward breakout.

Might push towards 165 somewhere the coming evening.

T1: 170 sats
T2: 220 sats