BITCOIN loves triangles...

in #bitcoin • 6 years ago (edited)

"Bear Pennant" , symmetrical triangle , descending triangle...?

BITCOIN loves triangles...

After a triangle formation there is normally a big move... On a downtrend, it used to be a break down... On an Uptrend the contrary but, usually a triangle formation preceded always a big move...

The consequence of the "patience" exhaustion from, either, sellers or buyers, equally balanced at the apex...

That's what I expect now to happen...

...or, perhaps this one:

First would find a known support, around 6900/6950 USD .The second may lead even a little bit lower...

I hope I would be wrong...but this is IMO the most likely move right now...

Will see what happens.

Patience.

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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#cryptocurrency #crypto #trading #timm
6 years ago in #bitcoin by
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     6 years ago 

    God knows how low it gets before it starts going up. We watch and wait

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     6 years ago 

    God knows how low it
    Gets before it starts going
    Up. We watch and wait

                     - empress-eremmy

    I'm a bot. I detect haiku.

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       6 years ago 

      Bitcoins triangles, love triangles, triangles everywhere :)))

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