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fromzerotospyro
Sep 10, 2019 6:55 AM

Descending Triangle On BTCUSD (Long Bias) Long

Bitcoin / U.S. dollarBitstamp

Description

Hello Traders

Another Tactical Trading Tuesday at your discretion.

Here with a Descending triangle that has been in play for the past two months.

The trend held up very nicely thus far. Forming a solid resistance.

On the other hand support was also found on and around 9300.

So we are geared towards long direction with a breakout and continuation.

If the price projections (yellow arrows) don't play out as shown then the trade would be invalidated.

Trade safe Trade well
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