Allec
Long

Bitcoin comes to end of Triangle: BAKKT

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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Dear traders,

23 september is the end of the triangle.
That's strange, exactly at beginning of BAKKT.
in my opinion that is bullish sign, however if we close below the triangle it's extremely bearish .
So watch that point of leaving the triangle and choose Short or Long.
But watch out for the Bull-trap or Bear-trap.
In my opinion it's better to wait for 2 full 4H close bars below or above the triangle

Targets Bull:
1.10.800
2.11.200
3.14.000

Targets bears:
1.9500
2.8800
3.7200

Good trading guys,

Hans
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