Houston on Nostr: $BTC update $BTC currently trading FTFA 🟢. The broadening formation (BF) has ...
$BTC update
$BTC currently trading FTFA 🟢.
The broadening formation (BF) has contained the downside and upside so far.
Daily - inside-outside-down.
Looking forward a day, a break above today's high and above the BF upper trendline would set up the potential for more upside and range expansion.
If we break below the weekly open - then expect to see a re-test of the monthly open.
$BTC currently trading FTFA 🟢.
The broadening formation (BF) has contained the downside and upside so far.
Daily - inside-outside-down.
Looking forward a day, a break above today's high and above the BF upper trendline would set up the potential for more upside and range expansion.
If we break below the weekly open - then expect to see a re-test of the monthly open.