longsonvn

BTC April 4, 2024: A Symmetrical Triangle

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
On April 4, 2024, BTCUSD is consolidating in a symmetrical triangle pattern.

A move above this triangle would provide a buy signal.

On the other hand, a move below this triangle will invalidate the pattern. However, based on the longer-term uptrend in Bitcoin, I will not short it for now.

I am only looking for long opportunities.

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