A potential fake out of a symmetrical triangle on the 4 hr. Referring to my previous BTC idea for Nov-Dec, I believe a final shake out to 49,500-51,500 is possible. I am very bullish at this level. BTC has a trend line running up to 50k near end of Nov. supported by the 200 day MA. That region also being massive support. But keep in mind we have a potential W pattern on the 4 hr and a triangle. The break out level for the W pattern is at 57,830 to the up-side.
Subscribe and support my work if you find this content useful. Best of luck!
Subscribe and support my work if you find this content useful. Best of luck!