Bitcoin / TetherUS

Trading Idea - #Bitcoin

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General sentiment is right for Bitcoin!

BUT!

The price of Bitcoin is currently struggling at the upper edge of an ascending triangle formation. A clear breakout seems to have failed. The logical consequence for me would be a return to the inner of this triangle.

A beautiful course from a chart-technical perspective, would be a return to the upward support line of the triangle. From there it can go up again to attack the 50,000 USD level!

I entered at 46,300 on SHORT with a target at 41,200 USD. My stop is at 48,000 USD!

*not an investment recommendation

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