Bitcoin
Long

Ascending Triangle, Seeking long if price action drops to 8250

108
If price action drops to 8250, I will take this opportunity to enter a long position.

Price action has had fairly low volatility today with no huge moves. Has been adhering to the ascending triangle structure thus far with multiple touches on both sides.

I would take off half the position if price can go to 8350. For the other half, I would monitor whether the price action can break the resistance around 8400 level. If it can't, I would take the remaining position off.

Stop loss would be 8150.

Ladies & Gents, not financial advice

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