I know my last post was suggesting, proceed with caution, but here is another perspective of BTC on the daily time frame.
1. We are forming a bullish ascending triangle, which is formed by the Kijun and Tenkan sen
2. This pattern usually results in a bull run (I have drawn an example on the chart)
3. Still recommending you proceed with caution and use a stop loss
Next, we are approaching a Kumo twist, which is a point of minimal resistance, and typically we would see the price shoot up past this point.
In any case, keep an eye on BTC.
1. We are forming a bullish ascending triangle, which is formed by the Kijun and Tenkan sen
2. This pattern usually results in a bull run (I have drawn an example on the chart)
3. Still recommending you proceed with caution and use a stop loss
Next, we are approaching a Kumo twist, which is a point of minimal resistance, and typically we would see the price shoot up past this point.
In any case, keep an eye on BTC.