Outside bar forming on $BTC chart 👀
Classical charting setup that typically signals a potential reversal or continuation breakout. Price action expanding beyond previous bar's range on both sides.
Watch for the close. If bulls hold above the previous high, we're likely headed higher. If bears reclaim and close below, expect downside follow-through.
This is textbook volatility expansion. Position accordingly.
Classical charting setup that typically signals a potential reversal or continuation breakout. Price action expanding beyond previous bar's range on both sides.
Watch for the close. If bulls hold above the previous high, we're likely headed higher. If bears reclaim and close below, expect downside follow-through.
This is textbook volatility expansion. Position accordingly.