ARESABI

BITCOIN - Decision In The Making (Triangle)

ARESABI Diupdate   
BITSTAMP:BTCUSD   Bitcoin
The price is currently moving in a triangle. This pattern leads to an area of high confluence.
Traders who use the resistance line as a guidance for possible short entries conquer to traders
who use the support line as a guidance for a possible long entry. Everybody is watching the price now,
especially after a last weeks strong move.

It's necessary to wait for a confirmation as shown in the chart.
I will update this chart accordingly!

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