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boyunayim
Sep 10, 2018 10:39 PM
ForGet Price Chart - Look at Daily RSI(14)
BITFINEX:BTCUSD
1D
Bitcoin / Dollar
Bitfinex
Description
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Sep 10, 2018 10:39 PM
That's not the price we need to consider. Watch daily RSI
Trend Analysis
BTCUSD
Comments
crypto_poet
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Sep 11, 2018 7:06 AM
Tell me than please - what is called this formation and what should we expect ?
boyunayim
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Sep 11, 2018 10:11 PM
@c4rt0, this is called "symmetrical triangle"
investinganswers.com/financial-dictionary/technical-analysis/symmetrical-triangle-906
we can not foresee which direction it will break. If it break downwards, I assume price will go down through 5500-5700.
if it break upwards it can impulse a mini bull run
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