BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
At the time of writing: We are less likely to have a push upward. Its not within the main trend line (shown in green). We are more likely to dump down.. There are several support lines( 45200, 44550 and 43000). Each time we don't bounce off them upwards and fall under, then we are less likely to get back to our green outbreak target. Furthermore, bursting out towards 47-49K gives holds no promise for that price range to hold. We still didn't bounced down to do confirmational bounce zone against 41000.
Comment:
Well the pump has indeed happened! I wasn't sure how strong that inner triangle would be - but the market is extremely bullish!!!
Comment:
It still went through that green dot!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.