FieryTrading

🔥 AKRO/BTC 1 Year Triangle: Ready For Take-Off

Long
BINANCE:AKROBTC   None
Normally I don't look at BTC pairs too often, unless a nice opportunity presents itself. Today, I'm looking at the AKRO/BTC pair.

Recent price action is suggesting that the bottom support of the triangle held and functioned as a spring for the value to go up again. Obviously, BTC will need to remain relatively stable (read: not crashing) in order for this trade to be successful. Current target would be the top resistance of the triangle.

Be aware that this is a long term signal, so it might take a couple of months for the price to reach the desired target.

Happy trading!

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