Bitcoin is an expanding triangle and a channel, which is faster?
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Friends, I found another interesting formation that can work out in the future, from the technical side it is called the "expanding triangle.
At the moment, we are seeing that the price on 12H has already bounced and is striving to test the resistance from above at $31,950 in the "triangle", perhaps the price will bounce earlier, as I wrote earlier, a return to the range from $29,650 to $30,500.
In general, the picture is not entirely clear yet, because on the futures chart we have an "upward channel that has already worked from above and should reflect from below by $28-27K
Guys, I continue to hold a short position with TBX $ 31,250 I decided to share this chart because it can also work itself out in the future and you need to be as careful as possible with short positions and follow your risk menu. All the best and happy trading!
Friends, I found another interesting formation that can work out in the future, from the technical side it is called the "expanding triangle.
At the moment, we are seeing that the price on 12H has already bounced and is striving to test the resistance from above at $31,950 in the "triangle", perhaps the price will bounce earlier, as I wrote earlier, a return to the range from $29,650 to $30,500.
In general, the picture is not entirely clear yet, because on the futures chart we have an "upward channel that has already worked from above and should reflect from below by $28-27K
Guys, I continue to hold a short position with TBX $ 31,250 I decided to share this chart because it can also work itself out in the future and you need to be as careful as possible with short positions and follow your risk menu. All the best and happy trading!
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