Kdomincio7

Possible breask-out Soon

Long
BITFINEX:BTCUSD   Bitcoin
currently coming to a decision point in this symmetrical triangle. Though it is only the 30m chart we have been seeing higher highs on smaller time frames leading me to believe we have bullish pressure to go up as well as a fairly strong rend line on the lower end of the triangle. Target is a break above 7620. keep an open mind to both bearish and bullish scenarios. a break below the trend line could start a major sell off down to 7450 and from there it all depends on the whales. Short term - Bullish. Mid-term - Neutral. Long term - Bullish.

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