BCPT forming a symmetrical triangle with support stretching two days back.
Three options:
1. Buy it now and have a higher stop loss (around 6-8%). 2. Wait for it to come close to support. <<<< What I will do 3. Wait for breakout and buy then.
Trade is straight forward, take profit at targets and move your stop loss up as price goes up to ensure at least some profits.
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BTC messing with us again. I have closed my trades and will wait till BTC settles.