I knew we were inside an ascending triangle but smaller timeframe moves are really full of wicks
finally went on daily TF to chart this & picture can't be more clear
What do you think will it break up or down? leave a comment ;)
either we break up from here or down, wait for the retest before entering just how we did for ETH -
waiting for a retest is hard when price is moving & you miss on the initial gains, but that is the safest bet!
if you are a risk-taker then you can enter a short here but your so will be above 7500
I see possible double top here as well, no diversion on charts yet
I will keep updating timeline with possible trade
you can also use Leverage on Bitmex - FTX or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up Do not forget to check out other ideas & do share it with your friends :)
Trade active
Daily also printing a BIG BEAR FLAG
i am short from high 71xx also holding short from 7300 swing 3x
we are at support if we lose 6750 then 5k is imminent
Note
Note
Support is holding well so far, if you shorted from high 71xx then move stops to little profit
Note
waiting for the retest then will enter
Note
IF 4hr candle doesn't close above 7380 then this will be a BIG FAKEOUT to liquidate & stop hunt shorts
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