WILL WE FINALLY BREAK OUT OF THE SYMMETRICAL TRIANGLE AFTER THE TWO FAKEOUTS? IF THIS IS THE CASE WE CAN TARGET A PRICE AROUND $13,000.
IT CURRENTLY LOOKS LIKE WE WANT TO BREAK OUT TO THE UPSIDE, BUT THERE IS A LOT OF RESISTANCE AT TE MOMENT.
ONLY IF WE CAN CLOSE A CANDLE ABOVE THE TRIANGLE AND THEN RETEST THE UPPERTRENDLINE AS SUPPORT AND BOUNCE FROM IT, WE WILL HAVE A CONFIRMED OUTBREAK.
WE APPROACH THE APEX OF THE TRIANGLE, THE BREAKOUT CAN BE FOR ANY MOMENT.
IT CURRENTLY LOOKS LIKE WE WANT TO BREAK OUT TO THE UPSIDE, BUT THERE IS A LOT OF RESISTANCE AT TE MOMENT.
ONLY IF WE CAN CLOSE A CANDLE ABOVE THE TRIANGLE AND THEN RETEST THE UPPERTRENDLINE AS SUPPORT AND BOUNCE FROM IT, WE WILL HAVE A CONFIRMED OUTBREAK.
WE APPROACH THE APEX OF THE TRIANGLE, THE BREAKOUT CAN BE FOR ANY MOMENT.