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Bitcoin Triangle offers great opportunity upon its breakout

Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Chart Patterns BTCUSD BTC Bitcoin (Cryptocurrency)
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chartpattern btcusd btc bitcoin
As you can see, BTC has been trading within a triangle (some say it could be a bull flag, so I would say it has 70% chance of breaking above), although it still is a triangle so there are chances it may break below.

I'm planning to play this move once it occurs and exit near the projected targets.
Commentaire:
Bitfinex scheduled a 6 hour maintenance on January 7th, may be tricky as we may see the triangle breaking out in next 24-72 hours. They have mentioned that they will post-pone the maintenance if major moves do occur on Monday.
Commentaire:
We have a breakout. Altcoins are following but some are still within their triangles (EOS, IOTA, NEO) so there is more room for them to follow up soon and gain in their xxx/BTC pairs.

Idées en relation

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NatGas pointing to $2.8
Repuzel about NG1! 2
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WTI headed to $53
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XMR targeting $67
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Cup & handle pattern on IOTA chart points upwards
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NEO is looking bullish within ascending triangle
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EOS within a triangle & possible targets
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Litecoin in Ascending Triangle pointing up to $44
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Bearish flag on Natgas
Repuzel about NG1! 2
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LTC doesn't have much cushion until $50
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Litecoin short-term channel (possibly)
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BTC may still be in wave 5 of the major trend
Clause de non-responsabilité

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