Bitcoin
Long
Updated

BTC-COINBASE Rising Triangle breakup is expected

BTC-COINBASE Rising Triangles Pattern: Baby + Mom Nested
A breakup of baby is done, next breakup over 6480 is expected.
Big Volume at 18:00 16 Oct supports this as well.
Limit Buy: 6450-6465, no Leverage
Target 1: 6550
Target 2: 6620
Stop-Loss: 6430
If price falls back under 6450, the pattern fails for this run.
Trade active
It pull back to under 6450 a bit. However, Support area between 6450 and the rising trendline should work. If it does work, it is good time to buy.
Trade closed: stop reached
Ascending Triangle is still working, whose trendline has been adjusted. Bull will retest 6500.

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