Watch for the triangle break here in BTCUSD for trade direction

28. Apr. 2019

Price played very well like I expected on the upper channel trendline. I hope you were able to make some money. Now let's see what happens on the lower channel trendline. Price is consolidating here on the lower channel trendline looking for any cracks in support. Longs are probably getting nervous here because it has not gone up yet. You could grab a long here too and be nervous with them hoping to ride it back up or be more conservative and wait for the breakout of this triangle to confirm direction. Good Luck and Happy Trading! :)