bitcoin

Triangle formation

Corto
BITFINEX:BTCUSD   Bitcoin
BTC got into a triangle formation. Because there is no triangles in circles our perspective can only show possible breakouts. Inner TF shows bearish while outer ones shows both, so it is hard as always to predict where it is going. This is my opinionated view where I think it will be more harmonic and healthy for it to go short a bit before going up. How do you setup your risk management is up to you according to your risk taking profile, so this is just some base where you can think about your stops and take profits.
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