BTC got rejected once more after touching the triangle. There is also a resistance on the way up which can push down the price even harder. Use this chart as your trade setup for now but be very careful, because we're about break out of this triangle. Watch out for that support if you're opening short positions. It might be powerful enough to push the price out of the triangle. I'll keep this chart updated.
Hi Shawn, thank you for the insight! I'm very new here, maybe this can be a dumb question but...well
If i understand right, you are seeing a movement up if the price bounce at the 31500 support?
Or should we wait for the 33000 brake, to finally see the long term rise?
Or none of that?! hehe
Thank you again!