A wonderful triangle formation. With the consolidation working in nice lil areas, I am expecting big movements with either downside potential towards to the resistance now support level.
Continue its uptrend with more bullish power and form a new resistance level.
Either way, I will be keeping an eye on the charts getting ready to enter when...
As we can see from my previous video upload this is big news for what we can see in the immediate short term for bitcoin here. I am currently waiting on the sidelines to see what develops from this rising channel and hope for a breakout with a confirmation giving us an amazing buy set up that could take us back to these $61800K levels once again! Of course we are...
So i like to forecast what could happen on every trade i take always finding the best highest probability, this setup looks so clean at the moment be nice to know what you guys think and if we forecast both situation then we wont be shocked when it doesn't happen either gold for the win :)
after getting a breakout from the 1HR uptrend and moved out with a bearish correction and now is testing once support now resistance i will be looking to take this down to the 90% rule 74.850 area but beware this has a good chance of a pull back breaking the daily downtrend
but still happy taking this trade as i have multiple factors in my favour.