FrenchysCrypto

BTC Re-Testing Larger Frame Symmetrical Triangle?

BITSTAMP:BTCUSD   Bitcoin
BTC appears to have broken from (and is now back-testing) a symmetrical triangle pattern. Measured targets coincide with historically significant weekly EMA levels.

If BTC falls back into the triangle, then a re-test of the 200 Week MA (and the lower trendline) may in order--forming, instead, a possible ascending triangle pattern.

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