thetradingparrot
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What's up with BTC for the weekend?
🕑 Added 2021-06-11 11:09:09 +0000 UTC
After last week fake out to the downside, we are back inside the triangle pattern which is getting things slightly more bullish.
It would be great to maintain these levels and close the daily over 37K.
Expect extra volatility over the weekend as usual.
There's still chances of a dump to lower levels but they are decreasing thanks to the fake out (bears couldn't manage to break down 30K). They might try once more but they have limited time as we are about to complete the triangle pattern.
Green and red targets in the chart above remain the same as the pattern hasn't been invalidated yet.
Last week I was expecting to see a Symmetric triangle trend reversal pattern but it didn't play out in the end as the fake out took us back down inside the triangle.
Changes to bots? not from me yet.
Comments
tradingview 'DCA Backtest' please add me Joshua42196
I appreciatie these TA opinion pieces. My bots have all been off for an incredible 2 weeks now, amazed at my own restraint. Trying to manually DCA out of some old deals, but I have a talent for buying at the top of the curve constantly, so not too much effect yet. Think i'll keep my bots off till we see more confirmation.
i would replace my 'just' with 'also' ^_^
chicken or the egg ;)
I guess it just depends on the news. El Salvador did a good thing : )
