BTC descending triangles with a possible strong upward breakout

If it follows its wave pattern, upward breakout is highly probable. That last bounce off weekly S (red line) is also positive move.

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Ignore the strategy panel :) This is just some crap I forgot I had running on this chart.

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Because all sorts of triangles and sloped lines fail when when markets moves sideways, I added a yellow box to mark the important area. Call it the decision zone, if you like.

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IF you noticed, there is also a nice little #Gartley Pattern on this chart

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Gartley worked out nice.

There is the top edge of the descending triangle (A), market seems to follow religiously but the vertex is not that far any more.

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Triangle "A" is the one that market keeps "following" at least for now. "W" is still there

İşlem kapandı: durdurma seviyesi:

lot's of cheap bitcoin for everyone!