DNT/BTC Bullish Ascending Triangle

in #cryptocurrency • 7 years ago (edited)

Welcome to my very first Steemit post!

Here is a short term prediction for District0x/Bitcoin.
I'm seeing the start of a bullish ascending triangle with a predicted price target of around 3750 sats, a 40%+ gain from breakout level.
MACD is converging and RSI is in the lower levels, signalling a reversal and completion of the C wave. I would recommend laddering in buys after completion of the D wave.

Please share any thoughts, comments and suggestions!

If my drawings make you money, consider buying me a beer!
BTC: 1MADCUNTXBehPrCfvBSEGQNedv67691SdJ
LTC: LeMaDcUnt8mZAUmLk36pzWtirGBhj1Yqy2
ETH: 0x2Caf3Bd38C2Ed142e4730b83f818AEc4E979FCcc

~Not financial advice, trade at your own risk~

#technical-analysis #bitcoin #trading
7 years ago in #cryptocurrency by
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