#symmetrictriangle

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louwtjie

9y

BTC - Symmetric triangle breakout

BTC - Symmetric triangle breakout

This is BTC on the 4h chart as of 2018/01/11. This is how a symmetric triangle looks when it breaks out. 'Drops mic'

$ 0.116

7

louwtjie

9y

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

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

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

$ 5.439

9