$BTC, looking more and more like a descending triangle..

$BTC

As the days pass through chart is looking more and more like a descending triangle

Falling below the support trendline of this shape should lead to at least a test of 7.5k level or further downside

While breaking to the upside is only valid if it starts doing new HH

For now I'm waiting on the sidelines here (mexbot is doing same), too much opportunities in the Alts market right now...

Anyway, any break from this triangle (up or down) should be a warning for Alts & a position for #BTC..

Wait for it to happen =)

#BTC

Commento:

update on $BTC

Trying to break out to the upside (no HH yet..)

If you have Alts positions, then make sure to have tight SL just in case #BTC blows up and through your profits into a loss...