cryptoicahn

BTCUSD Triangle Breakout

Long
HUOBI:BTCCNY   None
Fractal highlighted is strikingly similar, though the quarterly premium is $10 short of what it was in the first instance. 4h close above triangle is suggesting strength and markets curiosity to retest top of range (4800cny).

One should wait to observe how daily closes before entering. As for me, I bought the break/retest of the support/resistance wall.
Comment:
Closed, btc can't find a trend. Looking like it's gonna come back down to the 50% fib and SR wall to retest 4300.
Comment:
Reopened on 4480 break. prntscr.com/bu0mg7

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