We are nearing the end of a 6 month ascending triangle... Either this is the perfect short OR this sexy mofo is going to wake the f*ck up and confirm/lead another AltSeason.
I am more inclined to long seeing the Risk Reward with a stoploss not too low is quite interesting.
What are your thoughts?
交易结束：到达目标
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First target reached, fake breakout and down now? or we continue up? I am more inclined to a small correction and real breakout after. But who knows...
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Seems like this could be a real breakout and some big moves UP could be on the way. If we go down, the green zones are the potential bounce lvls, breaking the red zone is bad :)
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I prefer to look at $ price but BTC price is sexy asf ;)
Seems like this could be a real breakout and some big moves UP could be on the way.
If we go down, the green zones are the potential bounce lvls, breaking the red zone is bad :)
rockmancuso
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Wow...I've always said, you can't ignore the bull flag...doing so often results in massive FOMO overdose...anyways, this is definitely one to watch, that's a hell of a triangle. thanks for the analysis.
redsmoker
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I'm personally waiting for confirmed breakout and for it to retest support before going long, otherwise I think it'll break down to test one more time.
If we go down, the green zones are the potential bounce lvls, breaking the red zone is bad :)