Bitcoin seems to have hit bottom and is approaching the apex of an ascending triangle . Looks like a good opportunity, but there is a chance that this beast will have a third leg down, so I'll be setting a tight stop.
Long entry at $840 targeting $910 with a stop-loss at $830 for a Profit Loss Ratio of 7:1.
Trade closed manually:
This push ran out of steam at 885, so I took profits there.
Will wait out whatever happens here and buy the dip.
Reopened my long at 900. New target $950