#BTC Injective Protocol
Trade setup: Trends are improving, however, we need to see price break above 200-day moving average (~$22) and above $24 resistance to signal bullish trend reversal. It's now trading in a Symmetrical Triangle, which indicates balance between buyers and sellers. We wait for a breakout, which would indicate a shift in that balance one way or the other. (Set a price alert) (Set a price alert).
Pattern: Symmetrical Triangle, which is a neutral pattern, suggesting indecision in the market. Although it could break either up or down, it usually breaks in the direction of the