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🟩🟩 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.