BTC - New triangle in formation

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8y

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

As you can see, we have a new triangle in formation and the lower line of the triangle is very close to our support line around 8980$. I wouldn't be surprised that we go touched that line to make a last bounce on it and make a UP Break Out to go out of the triangle.

However, the other scenario is still possible and a break of the lower line of the triangle but also of the the support line in green could create also a DOWN break out.

As always with triangle patterns, I prefer wait and follow the trend.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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BTC - New triangle in formation | Ecency