BTC update - Symmetric triangle upwards break, pulling back to the tip before TAKING OFF.

louwtjie (37)in #bitcoin • 7 years ago (edited)

A symmetric triangle in trading usually pulls back to the tip of the triangle after breaking out for the first time.

I believe this is what we are seeing with BTC at the moment.

The vertical green line was my first impulse and should be moved to the tip.

All of this could just be sideways movement for all we know, giving the alts time to swing!

Please show some love to a newbe in the community :))

#cryptocurrency #trading #invest #symmetrictriangle

7 years ago in #bitcoin by louwtjie (37)

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louwtjie (37) 7 years ago (edited)

We are still bouncing off the tip

this is the 2h chart

$0.00

1 vote

[-]

tombort (50) 7 years ago

Charts are a little unreadable. I miss period length( day 4h 1h??) and date to compare with my charts to give you some more info or meaningful comment. Anyway upvote you man!

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