Btc is forming a head and shoulders within a descending traingle.
I would be very cautious within this area.
Any sudden crash will bring alt usd pairs down with it, so for now I'm on the sidelines
Btc has tested the $30000 level again a close bellow this level will not be good I will wait for confirmation, a bounce and I can see us head for the upper trend line of the descending traingle at around the $33000 area.
Confirmation is key so I'll wait for the close of the candle.
I would be very cautious within this area.
Any sudden crash will bring alt usd pairs down with it, so for now I'm on the sidelines
Btc has tested the $30000 level again a close bellow this level will not be good I will wait for confirmation, a bounce and I can see us head for the upper trend line of the descending traingle at around the $33000 area.
Confirmation is key so I'll wait for the close of the candle.