hehe

$BTCUSD - The CONSOLIDATION of the SYMMETRICAL TRIANGLE

BITSTAMP:BTCUSD   Bitcoin / Dollar
2745 7 10
Hi everyone.
Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI             indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation. Three rising valleys - no confirmation.

Good luck!


http://thepatternsite.com/st.html
Supplement No. 1

DMI :

snapshot
Reply
...it is still only a correction :

snapshot



... IMO we have triangle or zigzag:

http://www.elliottwave.net/educational/basictenets/basics3.htm
Reply
How did you get that bottom trend line?
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hehe AndrewGrennan
...this is channeling and middle of the clone.
Reply
Paso a Paso .../Step by Step/ ... Good news - we have a Pipe Bottom :

snapshot


Task of the Day - keep the position!!!!!!!!!!
Reply
hehe hehe
http://thepatternsite.com/pipeb.html
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curious pattern. Thank you. dying and learning
Reply
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