BTC technical update - Revalidated triangle pattern

in #bitcoin • 6 years ago (edited)

I posted a symmetrical triangle pattern yesterday and today we bounced right off the triangle. This revalidates my belief that once we breakout on either side, it will be a huge move. Keep watching closely and wait for breakout signals for trading.

Here is yesterday's post before today's candle:
https://steemit.com/bitcoin/@ramanbindlish/eth-breakout-case-study-btc-will-repeat

My target for this week is to retrace to upper end of triangle and hitting somewhere around 16k before we see whether it breaks upwards or hit resistance.

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6 years ago in #bitcoin by
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     6 years ago 

    Look forward to hear from fellow bitcoiners on what they think about the recent consolidation.

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     7 months ago 

    Thank you for the simple and easy post https://9blz.com/ascending-triangle-pattern/

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