tommytoan11

Crypto Market VLOG #31 - BTC triangle broken, will 30k hold?

BINANCE:BTCUSDT   Bitcoin / TetherUS
We have broken down from the symmetrical triangle, odds have been favoring this breakdown. Measured move down from the break is roughly 23.5k

I almost always give a prediction of where I think price is going for the next 24 to 48 hours and today I really cant see anything.

We are off the reservation, broken pattern, we need to wait for structures to form. I can possibly see a 30k retest, things are overall more bearish so odds slightly favor moves down.

But I don't see anything right now that would influence my trading either way. All you can do is give it a day, see where we are tomorrow.

I do see potential for a descending triangle to develop, but not sure how that pans out as there's massive wicks in previous price action.

Shoutout to todays trading view ideas = @dRends35, @MarcPMarkets, @TradingShot


=== TimeStamps ===
0:00 = Welcome
0:30 = BTC high time frame
2:55 = BTC 4 hour
5:40 = Potential for descending triangle?
11:05 = LTF prediction
16:30 = No prediction today
16:55 = @MarcPMarkets - 30k hold?
18:55 = @dRends35 - move down incoming
19:30 = Closing words

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.