Bitcoin is forming a pretty neat triangle on 1H graphics.
If it goes up my conservative strategy will be entering around 9933 and hoping for 60% movement up.
If it goes down I will enter first at 9197 and then again with the same amount 8912 hoping for 60% movement down.
Note
My prediction is that it is going to puncture up following the bullish trend on daily graphicNote
It didn't go as planned. I lost on a short and then on a long position hitting both my stops. I now planted sell on 8900 and buy above the high.Note
a probable short now
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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.