🟩🟩 BTC LIMIT LONG TRADE 🟩🟩

ENTRY: 71206

STOP-LOSS: 69763

TAKE PROFITS: 76490

Leverage: 45X

Bitcoin broke out of this triangle pattern that had been forming over the last few weeks.

The upper resistance was strong, has been retested multiple times.

I remain consistent with my initial analysis. The range is important here. If it breaks in any direction, a strong impulsive move will follow.

Furthermore, in the last few days, price had been ranging tightly on the altcoin charts.

This usually happens before a break to the upside.

Alts have bottomed out cleanly and will move alongside Bitcoin.

BTC
BTCUSDT
70,180
+0.22%