Long
Updated

BCPT/BTC Triangle Breakout Idea

BCPT/BTC Triangle Breakout Idea.

Wait for a breakout for good entry. Or wait for a retest of the triangle or a target after breakout.

Note
BTC behaved irrationally, caused a slight frop below the triangle..

Looks like BCPT is fighting to get back into the triangle...

Let's see how this plays out...

Trade safe my friends..
Trade active
Back in the triangle, trying to make a move.. Let's see what happens..

Trade safe my friends..
Trade closed: stop reached
BTC went parabolic. This causes ALT/BTC pairs to perform very poorly.
When BTC becomes irrational, ALTS get rekt.
Trade safe my friends.....

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