BTC in a triangle, but which one?

16 Şub 2020

Some of my ideas point to triangle #1, others to as low as triangle #4. I think the RSI will help in determining how low price will go.

Some analyst believe that the trendline #1 cannot be violated because it never has been violated. I believe that it should be violated so that price action fits the longterm logarithmic growth pattern that hasn't changed since the inception of bitcoin.

9 Mar 2020

Not

probable daily close under triangle number 1.

12 Mar 2020

Not

now clearly in triangle #2, got support of the 200 weekly ema

16 Mar 2020

Not

now got support from triangle #3.