- Bitcoin has been consolidating in a side range since May . - A rectangle Pattern was formed . - A breakout of this Pattern gives us a Short opportunity towards the next Support. - I confirm the breakout with : 1-Daily Close below the Rectangle Pattern . 2-Price below the 200 EMA .
If the Breakout happens , I would short with : -Stop Loss above the breakout Candle (in the pattern ) . -Profit Targets are the support zones from November and December .
This is how I see it and I am happy to read your feedback on my idea . Happy Trading everyone .
Note :This is not a financial advise , I might be 100% wrong on everything I say .
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