A break to the upside of this descending triangle on the 3 day chart could signal a nice thrust upwards for btc. im looking for it to break 7600 with nice volume to break the trendline. Im definitely keeping in mind that there are a ton of shorts posted between where we are and that target though. Failure to break will probably result in a nice pullback but right now im cautiously bullish short term
Comment:
theres the pullback the reason i was cautious in that zone. im setting buy orders at the 6100-6000 usd range. I think we will retest the support area once again here before any real rally is possible