Bitcoin: Decsion time inside the triangle

Updated

Although I haven't shared this I was not keen on trading bitcoin until it entered this triangle. Now that we are here Bitcoin has shown a very strong upward reaction but hasn't come back to test the base of this triangle yet. So if it goes for the top without testing it, it would make for a very strong short position from there. Lets see. Decision time!

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I think bounce is incoming. I will long when the candle hits the trendline

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Price is hovering just before entry. Two places of support would be the 50 MA and around 6820 so if taking this trade, place your SLs accordingly.

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*above

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Honestly a shit trade. Glad I didn't take it.

TheDigitalStonks

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