ProSignalsFx

BITCOIN STRUCTURE ANALYSIS| BULLISH TRIANGLE

Long
BITSTAMP:BTCUSD   Bitcoin
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BITCOIN IS TRADING IN A BULLISH TRIANGLE, TESTING A RESISTANCE LINE

(1) BTC can either breakout up and go higher
(2) OR it will retreat back to the comfort of a newly gained support
(3) Bullish breakout is more tradable as the breakout can be clearly identified
(4) But wait for the breakout to be confirmed!
(5) Picking BTC from the lower support will be a great trade too!

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