BTCUSD 15M. Zoomed in here a bit to see what sort of pattern is being created by BTC price action. I see with my little eye a falling wedge pattern. But, I thin this will be a funnel to let BTC fall to support at 10800 and then to around 10300.
Trade aktif:
BTC wick touched 10808 to rally on, so that parts right so far. The lower trend line can be moved to include the wick of the candle touching 10808. This will form a larger ascending triangle. It's now starting to form a neat cup pattern and may well move up to test the recent highs, form the handle which I think will fail. I still see BTC retracing considerably. (That said, I am prepared to long BTC if it breaks and holds above around 11300).