sucmabolsac

BTC - momentum building

Long
sucmabolsac Updated   
BITMEX:XBTUSD.P   Bitcoin
Momentum is building up in what appears to be an ascending triangle. Something to monitor closely....
Trade active:
Broke out, but will the momentum continue? Or, simply stall at the sloped trend line resistance? I'm thinking 10k, but managing my stop loss tightly.


This is NOT financial advice - it's merely my opinion. Do your own research.

Like.
Follow.
Please, comment / critique my posts.
And, unless you love losing money, ALWAYS use a stop-loss!

Happy Trading!
RP
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.