The $BTU market trend once again confirms the breakout direction of the symmetrical triangle resistance level we shared two days ago. Today's performance even gave the bulls a perfect confirmation— a strong 6% bullish candle, which is exactly what you would expect after a period of consolidation.
After a consolidation phase, experiencing such a continuation move is the rhythm that trend-following traders want to see. The technical outlook is clear, with volume and price action in sync, and the subsequent outlook remains optimistic.
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FlatlineTrader
· 01-09 21:08
A 6% bullish candle is really satisfying, but I'm worried that tomorrow might be a big bearish candle to reverse the trend.
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RektButSmiling
· 01-09 21:08
Hey, a 6% bullish candle is indeed fierce... but I've heard the theory of symmetrical triangle breakout too many times, I hope this time it's not a false breakout again.
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FlashLoanPrince
· 01-09 21:06
Wait, the prediction from two days ago was this accurate? There's something to it. This pace is really satisfying.
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BearMarketNoodler
· 01-09 21:05
After a squeeze and rally, it's the old trick. The key is whether it can hold this position.
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MoonMathMagic
· 01-09 20:52
Haha, finally broke the level, a 6% bullish candle is really fierce
The $BTU market trend once again confirms the breakout direction of the symmetrical triangle resistance level we shared two days ago. Today's performance even gave the bulls a perfect confirmation— a strong 6% bullish candle, which is exactly what you would expect after a period of consolidation.
After a consolidation phase, experiencing such a continuation move is the rhythm that trend-following traders want to see. The technical outlook is clear, with volume and price action in sync, and the subsequent outlook remains optimistic.