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MysteryFox
Sep 5, 2019 8:52 PM

BTC IS EXPECTED TO GO UP! 

Bitcoin / United States DollarCoinbase

Description

On the Chart we can see a 'triangle' formation. What it tells us about?
As you can see prices fluctuating less and less over time inside the 'triangle'. They have hit support and resistance levels 5 times. For us it means that chart might continue drawing the shape and after that I expect to see the breakout $10749 level plus I used a Fib retracement so I will expect the breakout on $10799 too.
But there is a probability of price break down the support level. In that case we can consider SHORTing.

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Remember this analysis is not a 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.

Comment

Targets Reached!
Comments
CryptoBullet
good work
this is our idea
MysteryFox
@CryptoBullet, Thank You. I think your idea is great!
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