Running out of room in the Triangle
BTC is going through a massive accumulation currently - although its still a coin toss it does look slightly bullish as bulls have defended the support area of 212 three times now - creating a "triple bottom" - note that this support line is the same line of the top of the ascending triangle that was broken out to create our run to $315
In my eyes bulls are holding price above previous accumulation zone. If Bears push us down through support we will most likely zig zag down to $120
Waiting for a break either way before entering a trade - not gonna gamble in the chop
In my eyes bulls are holding price above previous accumulation zone. If Bears push us down through support we will most likely zig zag down to $120
Waiting for a break either way before entering a trade - not gonna gamble in the chop
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