A Possibility for a breakout

Updated

Bitcoin has a chance of going to the upper side or the downside. we don't have a clear state now because of the sideway movement of the market.

We can also see a possible triangular pattern which indicates the possibility for a breakout

Note

we are having huge rejections at the 0.236 Fib level we might soon expect an breakout

Note

So the breakout happened to the downside

Trade closed: target reached

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