Traders,

I’ve spotted a new triangle on our BTC chart. This one resides just a bit higher than the last. This should indicate a bull flag, however, BTC has been pretty disrespectful of technicals these past few weeks so … *shrugs*?

Regardless, a nice safe target would be the top of this triangle at which point I will re-evaluate:

Entry = 30,173
Target = 31,500
Stop = 29,777
Risk/Reward = 3.17

Best of Luck,
Stew