Bitcoin in symmetrical triangle
Hello Fellow Traders
Greetings from team trading the tides !
lets discuss bitcoin which is inside a Symmetrical triangle , volume is pretty low waiting for the break out to enter position for long or short but I am more interested to wait till it reaches 31-32 k level which is a major resistance area and a good distribution point if we see the history .
potential area to initiate short : 31-32 k levels
according to the market conditions 22 k level is also very likely because there's a cme gap and btc inflows from wallets to exchanges are rising !
happy trading !
Greetings from team trading the tides !
lets discuss bitcoin which is inside a Symmetrical triangle , volume is pretty low waiting for the break out to enter position for long or short but I am more interested to wait till it reaches 31-32 k level which is a major resistance area and a good distribution point if we see the history .
potential area to initiate short : 31-32 k levels
according to the market conditions 22 k level is also very likely because there's a cme gap and btc inflows from wallets to exchanges are rising !
happy trading !
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