SNaas

9400$ incoming (Short Term)

Short
SNaas Updated   
BITSTAMP:BTCUSD   Bitcoin
The triangle is getting tighter which when broken will result in BTC dropping and maybe finding support at 9600$ first before breaking even further to 9400$.
Trade closed: target reached:
As stated we hit the 9400$ target, after an unexpected but understandable light bounce that liquidated many positions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.