Bitcoin consolidate in bullish triangle, breakout in end of Sep!

15 Ağu 2019

Hello, Dear fiends

Bitcoin is consolidate in a triangle, yesterday, the higher low is setup near MA 100 day, still keep inside this triangle.

From the formation, upward breakout is expected, strategy is buy near the bottom of this triangle. I think the 9000 level is very solid support in near future!

And let's have a look at a reference also.

there is a triangle setup after the initial bull run from Nov. 15 to Apr.16. very similar pattern? :)



Thanks!

19 Ağu 2019

İşlem aktif

It's on the way to the triangle upper bound, I'm not sure if the bulls have such momentum to reach that target.

19 Ağu 2019

İşlem aktif

How exact of the draw trend line?

21 Ağu 2019

Emir iptal

As I said, I'm doubt the strength of bull can reach the upper bound of the triangle, But I'm sure the buy point is very near, I will wait to MA 120 ~ 140.