BITCOIN AT $7400 soonposible ascending triangle that will contain the price for a few months this year. $11.600 top $7400 bottom that will be rising every week.
Magicpoop
Bitcoin , Don't listen to 'em! I can see some hype going on shorting bitcoin while the same traders a few days back were aiming for 6k targets lol.
Wait for the perfect price action to happen & then Long/Short.
It's currently trapped in a triangle where the resistance has been tested 2 times & the support almost 3 times which indicates that the support may not hold next time if it touches it (the blue lines) .
If the candle closes below the triangle the Pink lines will be the first two targets & the green box will be the final target & vice versa if it breaks the triangle in the upward direction.
