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BTCUSD Longs

BTCUSDLONGS - Time to buy?

Por dcardona1
Looks like we hit the bottom trendline of the upward channel for the LONGS. Coming out of oversold territory with a MACD Bullish cross. Not sure what to make of this since my BTC Idea puts us in a symmetrical triangle pattern and about to hit the top of the triangle. If we break out of the triangle on BTC, then it's time to buy...but this BTCLONG could be a bull trap to just get rejected at the trendline of the BTC triangle.

Thoughts?
BTCUSDChart PatternsTrend Analysisupward_channel
dcardona1

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