Bitcoin
Long
Updated

BTCUSD - Looking like an Ascending Triangle

While I remain bearish overall, I think we could see a rally here based on this Triangle Pattern. Other crypto pairs have painted this pattern and broken out of it already, most notable one is XRPBTC

A clear candle close above that line is a buy signal, or as soon as the price breaks above the top line.

A drop below 6200 would make this pattern worthless.

Note
Breakout
Note
Stop moved to breakout point. Take profit on measured moves and let the rest ride.

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