Long
Waves BTC consolidating in bullish triangle 15-20% move incoming
OBV moving up slowly but surely with price.
Now consolidating in triangle on hourly with volume increasing. Next major resistance is around the 1450 area where green line is marked.
Place stop loss below the low point of triangle for a great risk vs reward trade.
Now consolidating in triangle on hourly with volume increasing. Next major resistance is around the 1450 area where green line is marked.
Place stop loss below the low point of triangle for a great risk vs reward trade.
Trade closed: stop reached
Broke below breakout of triangle. Trade closed for a 4% loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.