MC_Capital_

Bitcoin - Triangle almost complete

BITSTAMP:BTCUSD   Bitcoin
Formation of a nice triangle on the hourly chart, you have to wait for confirmation to open the next position, however, a close below 54K would initiate another downward impulse, while a close above 57,500, on the contrary, would initiate to a short-term uptrend. The best time to open a position would be waiting for confirmation, i.e. the close of the next candles above or below the triangle.
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