BTC/USD, open entry after triangle break out

By Yuriy_Bishko

Updated

Price in triangle and volume decreasing - it shows that big players accumulate position, best entry will be when the price will break out a triangle.

1. Open buy if BTC will break up the triangle and 1-hour candle will close above. Goal is $8500

2. Open Sell if BTC will break down a triangle and 1-hour candle will close below it. Goal is $7050

Note

BTC is close to the upper border of triangle
In a few minutes or hours, we could get new buy entry

snapshot

Note

the price is still in the dead zone

wait when the price will break out key level

snapshot

Note

Btc broke up the triangle
Did you open Buy entry?

snapshot

Note

New idea

BTC/USD, next goal is $10k

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