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Pinooj
Nov 16, 2019 7:54 PM

BQXBTC 2H Descending Triangle 

Description

On the 2h chart we can see a descending triangle forming. On the last bullruns of BQXBTC we could also see a descending triangle pattern that triggered a 20% gain twice. WIll history repeat it self?
The lines at the bottom of the chart are the previous support lines, if BQXBTC goes bearish on the pattern it will most likely bounce on top of it.
If the pattern breaks bullish we got a possibility of another bull reaction.
I've got my targets on the Fibonnaci retracement.

What do you guys think?
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