#BTC Update
✍️ Let's not over-complicate things. Many indicators are showing different scenarios.
👌 BTC is moving in this consolidation pattern that looks like an ascending triangle.
✅ Its a bullish continuation pattern with higher chance to break upwards.
Should this happen, we target $10500 zone.
Should the opposite happen, which has lower probability, we target the $9100 zone, that wick on the chart and closing remaining CME gap.
Taking positions here at 9770 is absolute gambling, so if you're sidelined, keep waiting for both ends of the breakouts and either position yourself to buy the dip, or short tops/hedge.
Seems like the safest strat at the moment!
✍️ Let's not over-complicate things. Many indicators are showing different scenarios.
👌 BTC is moving in this consolidation pattern that looks like an ascending triangle.
✅ Its a bullish continuation pattern with higher chance to break upwards.
Should this happen, we target $10500 zone.
Should the opposite happen, which has lower probability, we target the $9100 zone, that wick on the chart and closing remaining CME gap.
Taking positions here at 9770 is absolute gambling, so if you're sidelined, keep waiting for both ends of the breakouts and either position yourself to buy the dip, or short tops/hedge.
Seems like the safest strat at the moment!