TradingView
hehe
Jul 11, 2014 10:44 AM

$BTCUSD - The CONSOLIDATION of the SYMMETRICAL TRIANGLE  

Bitcoin / U.S. dollarBitstamp

Description

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!


thepatternsite.com/st.html
Comments
hehe
Paso a Paso .../Step by Step/ ... Good news - we have a Pipe Bottom :



Task of the Day - keep the position!!!!!!!!!!
hehe
jose.vidaes
curious pattern. Thank you. dying and learning
hehe
...it is still only a correction :




... IMO we have triangle or zigzag:

elliottwave.net/educational/basictenets/basics3.htm
AndrewGrennan
How did you get that bottom trend line?
hehe
...this is channeling and middle of the clone.
hehe
Supplement No. 1

DMI :

More