BTC still inside (2) TWO triangles.
This is simple. I have (2) two triangles drawn on my BTC chart here. BTC still remains within both.
The first is a symmetrical triangle. We have (3) three days before we run out of room here and BTC is forced to make a decision, UP or DOWN.
However, if BTC decides to break DOWN, it still remains within the second descending triangle. The bottom of the triangle here remains at around $9300. A break below this would mean trouble. If we break to the upside of this triangle, I think we'll see new highs for the year and will end out the year at around $15-16,000 USD.
Good luck traders!
The first is a symmetrical triangle. We have (3) three days before we run out of room here and BTC is forced to make a decision, UP or DOWN.
However, if BTC decides to break DOWN, it still remains within the second descending triangle. The bottom of the triangle here remains at around $9300. A break below this would mean trouble. If we break to the upside of this triangle, I think we'll see new highs for the year and will end out the year at around $15-16,000 USD.
Good luck traders!
Stewdamus Trades -
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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