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BTCINVESTING
Apr 19, 2019 1:04 PM

BTCUSD (8h): Rising triangle. Fast chart for in-between ;-) 

Bitcoin / DollarBitfinex

Description

Rising triangle (trend following pattern) ... More Up possible.

Rest on the chart.

The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.


Let's see what happens. Happy trading. :-)

Comment

break out of the the triangle.

Comment

symmetrical triangle pattern possible too. the expecting support points shown at the chart.

Comment

close up of the current situation. because btc remains at the resistance for a while, this shows us strength and consolidation.

Comment

be watchful. we are coming to the first strong resistance and selling zone.

Comment

resistance reached ...

Comment

be careful. correction will come. max. 5800.

Comments
vioza
Or a double top straight down.
BTCINVESTING
@vioza, we have to see. :-)
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