Dan_bad_cab

BTC Nearing Resistance or Potential Breakout?

BINANCE:BTCUSDT   Bitcoin / TetherUS
$BTCUSDT has been in this Symmetrical Triangle pattern for the past weeks now. With the price nearing the upper trendline resistance, a potential take profit area can be utilized to lock in those gains. But it can also be wise to leave some on the table since with the constriction, a short term to medium term bullish breakout can occur, so make sure to claim some profit on the way up since there are heavier resistances ahead still and knowing that we are still in this recent bear trend. Stay in caution!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.