TA of BTC USDT for the past few months.
- Lately : Bullish triangle pattern in 4H on resistance levels, waiting for a breakout.
I'd think a correction is the most probable short term due to the overextended configuration (High soch RSI etc..) but recent patterns let me think that this is neutral overall.
Latest config doesn't follow the redistribution patterns (yet) we've seen lately. A range up there is very likely for the following days/weeks before the market decides where to go.
A few dojis lately showing indecision in 4H
P.S: This is mainly a memo to myself while I learn TA, I'll happily take opinions on this.
- Lately : Bullish triangle pattern in 4H on resistance levels, waiting for a breakout.
I'd think a correction is the most probable short term due to the overextended configuration (High soch RSI etc..) but recent patterns let me think that this is neutral overall.
Latest config doesn't follow the redistribution patterns (yet) we've seen lately. A range up there is very likely for the following days/weeks before the market decides where to go.
A few dojis lately showing indecision in 4H
P.S: This is mainly a memo to myself while I learn TA, I'll happily take opinions on this.