BTCUSD 2HR new break coming?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Possible new triangle spotted

The previous resistance trend-line has been broken and seems to provide some support after it.

There could be a nice breakout coming if we break out from this triangle.
I am currently long from the bottom of the (green+red)trend-line and will add to the position if we manage to breakup above the resistance of the yellow trend-line.

A rejection candle like a 15+min shooting star on the top of the channel indicates weakness as can be seen in the previous price action.
Just like a hammer on a support-level or support-line can be a bullish sign.

Go with the break

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out