Bitcoin has been consolidating for a few days now, forming a triangle. Filtering all the noise and fancy analysis I think it is a great opportunity to trade the confirmation of the break-out in either direction. The downside offers more potential towards the next strong resistance.
LONG:
RR-Ratio 3.7
SHORT:
RR-Ratio 4.7
This is not a trading advice.
LONG:
RR-Ratio 3.7
SHORT:
RR-Ratio 4.7
This is not a trading advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.