BTC - Stuck Inside A Range, Again ❗️

Hello TradingView Family / Fellow Traders,

BTC has been hovering within a range, taking the form of a symmetrical triangle.

📈 If the triangle breaks to the upside, confirmed by an H4 candle closing above 44,750, we anticipate a bullish continuation, targeting the resistance range up to 48,000.

📉 Conversely, as BTC approaches the lower bound of the triangle around 41,000, we will be looking for short-term buy setups on lower timeframes, targeting the upper bound of the triangle.

For now, we wait! ⏱

Which scenario do you think is more likely to happen, and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr