yomofoV
Short

possible path in red or blue

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
77 3 2
apologize for my messy

possible path in red or blue within a symmetrical triangle. i consider this a consolidation pattern before a decisive move up or down. likely to be down since price was trending down before it started the symmetrical triangle. larger time frames of 1h, 2h, 4h macd is still below the 0 line. i dont think 1h rsi is low enough and does not have bullish divergence . we need a lower low.
might be a good idea to do a straddle. buy or short on breakout of triangle
+1 Reply
blue pill
+1 Reply
red pill.... gain more BTC before we go bonkers rally :D
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