moarbtc

BTC $1200 breakout imminent - but which way!?

BITFINEX:BTCUSD   Bitcoin
all signs pointing to a breakout soon the question is which way? Volume has been steadily declining, bearish triangle almost completed, and in a downtrend i would lean towards continuing downwards. Although RSI forming a bullish flag which tells me high probability of a small bump to 4000-4200 before we go down. Im neutral to bearish right now but will react accordingly dependant upon which way it breaks out of the triangle. Happy trading folks.
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