Long
Ascending triangle with posibility of breakout

I got mixed signals about this it's an ascending triangle in bearish trend.
It has made a complex ABCDE correction and false breakdown which indicates bullish sentiment.
If you want to be sure about this trade you can trade it on breakout.
So you can put a stop buy order above the triangle line and take profit at the fib extension 1 and 2.
The market turn down if btc goes down. Be in mind that these also is a bearish flag and can breakdown to the downside.
Stop buy order 33.5
Take profit 36 and 39
Long term 46 usd.
It has made a complex ABCDE correction and false breakdown which indicates bullish sentiment.
If you want to be sure about this trade you can trade it on breakout.
So you can put a stop buy order above the triangle line and take profit at the fib extension 1 and 2.
The market turn down if btc goes down. Be in mind that these also is a bearish flag and can breakdown to the downside.
Stop buy order 33.5
Take profit 36 and 39
Long term 46 usd.
Nota
Trendline broked back to 22 bucks.Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.