BTC is moving in a box for about a week inside 20800 and 21800, now is forming an ascending triange in overbought condition so the down move is favourite on the upper move, i do not like triangle formation as they are very difficult to deal with on where we go, but in this case the down side should be the better choise always with tight stop
Note
shorting BTC looks still the bet approach, the pair is not able to break 21800 so is rolling back downNote
Short from 21700, stop at break even and TP 21300 and TP2 20900Trade closed: target reached
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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.