Bitcoin

so many mixed signals

141
i know that we all think it's time for a correction; RSI and Williams' indicators, have been in overbought territory for a long long time and we have seen the dreaded H&S pattern forming on multiple time frames. but we should also notice that we are within the confines of a triangle and although it could break either way, triangles are mostly continuation patterns and we have seen the price jump from the lower boundary at around 18500 to the upper boundary around 18700; any way the triangle should reveal the path within next 3-4 hours. if it breaks downward, the down we go. but if it breaks upward, i think 19300 would be in reach this time. please don't do anything without doing your own research and even after that, think twice before doing anything. trade safe.
PS: it should be also noted that BTC has a bad habit of doing exactly what you don't think should happen, so be extra careful at these times. putting a tight stop-loss seems really handy.

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