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UnknownUnicorn3707027

BTC consolidating - trade break-out to either side RR >3

Bitcoin (BITSTAMP:BTCUSD)  
UnknownUnicorn3707027  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) bitcoinforecast BTCUSD
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trendanalysis bitcoin bitcoinforecast btcusd
Bitcoin has been consolidating for a few days now, forming a triangle. Filtering all the noise and fancy analysis I think it is a great opportunity to trade the confirmation of the break-out in either direction. The downside offers more potential towards the next strong resistance.

LONG:
RR-Ratio 3.7

SHORT:
RR-Ratio 4.7

This is not a trading advice.
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