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BTC Triangle forming

343
We'll have to wait for another bounce off of the downtrend line to confirm, but it's starting to look like we're in a two month triangle which should resolve itself by around June 13th and would foreshadow a major move up or down.

If we blow through the downtrend line then we'll retest $9,735 and then 10k. If we break out the bottom trend line we're likely to retest 8k and then 7.5k.

Some may be tempted to swing trade within the triangle, but personally I think this is a bit too tight for comfort. This is an okay place to add a piecemeal position, but in general I'd suggest saving the larger money for when we have our break and get a confirmed signal.
Uwaga
Risk of breaking down. Next 24hrs will be crucial.
Uwaga
And down we go. Look for some support at 7.5k/

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