BTC: WATCH CAUTIOUSLY THE NEXT 4 HOURS
• Symmetrical Triangle (30min) : BTC breakout of this pattern to the downside (as espected in a downtrend, because the symmetrical triangle is a continuation pattern).
• BTC trying to enter in is ex-channel, however all broken support become RESISTANCE, thus it's old channel support is now a resistance. Therefore we have a possible reversal if BTC get rejected.
• Watch the next 4 hours, if BTC is rejected the $8500 zone would be a good entry point.
• BTC trying to enter in is ex-channel, however all broken support become RESISTANCE, thus it's old channel support is now a resistance. Therefore we have a possible reversal if BTC get rejected.
• Watch the next 4 hours, if BTC is rejected the $8500 zone would be a good entry point.
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