BITCOIN' TRIANGLE UPDATE, WHEW PRICE WILL GO UP OR DOWN ?
Hello my friends, today I want to talk with you about BTC .
This is my update to previous big idea with triangle on BTC chart.
BTC still in uptrend and inside a triangle.
Last days price didn't exit from triangle upward but came to support line of triangle.
Now I cant for sure talk about upward movement because now BTC can also break down part of triangle and decrease.
Now good point to open both long and short position, long position because price is very close to support line.
Good entry to short position will be when price will break the support line and make retest.
In this case will be very good place to open short position.
Target for short is round number 40.000 USD.
Targets for long is the same 50 and 52k USD.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
This is my update to previous big idea with triangle on BTC chart.
BTC still in uptrend and inside a triangle.
Last days price didn't exit from triangle upward but came to support line of triangle.
Now I cant for sure talk about upward movement because now BTC can also break down part of triangle and decrease.
Now good point to open both long and short position, long position because price is very close to support line.
Good entry to short position will be when price will break the support line and make retest.
In this case will be very good place to open short position.
Target for short is round number 40.000 USD.
Targets for long is the same 50 and 52k USD.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
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