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Today I want talk with you about Triangle on BTC chart and what we can expect.
As you can see now price exit from triangle downward and no one dont know what will be next.
Its can be just a trap and soon we will back in triangle and starts growing or we can continue decline to alternative support triangle line.
Also we have 2 support levels from which price can make pullback:
1st level - 59500 2nd - 58000
I expect next scenario: price exit from triangle down will a little decline to 58-59k and then will continue to grow to top part of triangle and ATH.
So after a little correction I expect next strong upward movement.
Always use SL in your trading and proper risk management, this is very important to become a professional trader.