Tecnologia_Financiera

Descending Triangle on BTCUSD

Short
BITFINEX:BTCUSD   Bitcoin
On the pair of the BTCUSD, in one day time frame, we can see a descending triangle. In this triangle, we must wait the price to break the horizontal trendline and continue the previous bearish trend to set a short position at 7269.6 approximately. Also, the take profit can be settled at 1655 price, with 69.10% of profits and a risk/reward ratio of almost 2 points.

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