LIVEBTC is stuck in a symmetrical triangle—it's like a market seesaw. Not picking sides yet, but get ready for a possible jump! 🚀
What is Symmetrical Triangle?
The symmetrical triangle pattern is a neutral chart formation. Two converging lines are moving to each other as the market makes the lower highs and the higher lows. As the space between two converging lines gets narrower, the likelihood of a strong breakout increases. So when you find Symmetrical triangle as its the neutral pattern the market is not gonna go bullish or bearish. The best strategy is to stay out from the market when this happens, Don't force the trades, It's always better to save your capital. Once you see the breakout on symmetrical triangle you will find better opportunities in the Market.
