Yuriy_Bishko

BTC/USD, open entry after triangle break out

Yuriy_Bishko Updated   
BITFINEX:BTCUSD   Bitcoin
Price in triangle and volume decreasing - it shows that big players accumulate position, best entry will be when the price will break out a triangle.

1. Open buy if BTC will break up the triangle and 1-hour candle will close above. Goal is $8500

2. Open Sell if BTC will break down a triangle and 1-hour candle will close below it. Goal is $7050

Comment:
BTC is close to the upper border of triangle
In a few minutes or hours, we could get new buy entry

Comment:
the price is still in the dead zone

wait when the price will break out key level

Comment:
Btc broke up the triangle
Did you open Buy entry?
Comment:
New idea


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