Dear friend, coinbase's data makes the symmetric triangle consolidation very clear. A break one way or the other can be expected in the near future. The actual extent of the move is of course unknown, but I have provided tentative targets. On the downside I think the long-term logarithmic line might be in play, and on the upside a bit over $10K seems likely. Note the fib extensions.
Good trading and good luck!
Good trading and good luck!
交易結束：達到停損點
Position reversed as BTC broke important trendline at 9020. I had orders that got me short on the break lower (for a decent profit, but I should have remembered that declines in bull markets are not extensive and taken a far larger profit lol). Now I am long. Here is picture of mentioned trend line etc: 3.bp.blogspot.com/-sVqhKdgGboA/WujQktE3LeI/AAAAAAAABVk/f3DX03txPQ4gul0Aah7zNlVbIlxHPS0hACLcBGAs/s1600/right+when+price+triggered+my+orders+for+bitcoin+long.PNG
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