___|  _ \   |  |    |   |_ _|\ \     / ____|
 |     |   |  |  |    |   |  |  \ \   /  __|
 |   | |   | ___ __|  ___ |  |   \ \ /   |
\____|\___/     _|   _|  _|___|   \_/   _____| 

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

BTC technical update - Revalidated triangle pattern

BY: @ramanbindlish | CREATED: Jan. 10, 2018, 5:45 p.m. | VOTES: 6 | PAYOUT: $1.03 | [ VOTE ]

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.

https://steemitimages.com/DQmYB3uxsSr1hRFTCwTWDuNDS9M6TCBGWhpF6t3LoDmDWPB/image.png

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.

TAGS: [ #bitcoin ] [ #introduceyourself ] [ #cryptocurrency ] [ #money ] [ #crypto ]

Replies

@ramanbindlish | Jan. 10, 2018, 6:28 p.m. | Votes: 1 | [ VOTE ]

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

[ BACK TO TRENDING ] [ BACK TO MENU ]
CMD>