#BTC / #USD Ascending Triangle Scenario

4 May 2018

Possible bullish formation on higher time frame which would signal a bit of sideways.

This coincides with many alts looking to solidify an uptrend on higher time frames for btc and usd pairings.

Similar target to previous post with an updated buy zone.

Not financial advice. Entertainment and education, only.

7 May 2018

Not

approaching buy zone

8 May 2018

Not

In case this turns out to be a flag-like structure, bids below the buy zone in the 8800 range might be a good idea

9 May 2018

İşlem aktif

10 May 2018

Not

Pennant structure is not holding, but neo is respecting the kijun. Will update the buy zone to reflect my recent comments on optimal entry being when btc approaches 9k.