btc is forming an potential ascending triangle on 4h
BTC is very bullish at the moment but an retrace has to happen at some point.
targets break up 37k-38k. as i am long now i will take 50% profit in this range, if i feel we might drop from here i will short with an stop close above 38k. if short here that will only be an scalp trade!
i like to plan for long or short so if break down target 26k-27k
if ascending line breaks my SL will be hit but i will short there as well.
if target hit i take 50% profit and i might long there for an potential bounce.
BTC is on an great run up, so watch out for an liquidation hunt