Last week Bitcoin made a correction down and after that it went corrective up again. It could be that the (orange) Triangle is bigger and we couuld see one more correction down.
So now it can go down some more, and after that up again.
Let's see what the market does and react.
Trade idea: Wait for the finish of the correction down. After a change in orderflow to bullish again you could trade longs.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
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