Bitcoin Futures Another Symmetrical Triangle

5 gen 2021

Bitcoin CME Futures are so gappy these days because of the high volatility during the weekends, so I decided to write my own script to follow them. This last one is looking like an exhaustion gap after having a breakout gap on lower levels. But currently, there is a symmetrical triangle, which if broken downside we might test the gap support line at 26,645$. However, if broken upside we might try making a double top or just go around 36,000$. I am being very careful with my positions on these levels, I am waiting for confirmation with a candle close or very high volume supporting the break. Let's see if we are finally going to get the retracement that everyone is waiting for.

6 gen 2021

Nota

As I told you breaking the triangle up would kick the price to 36,000$. So, the upside target reached.