Will_Wortel
Education

Symmetrical triangle in Bitcoin chart, decision moment! BTCUSD

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We see a new decision moment is building up in the charts, the symmetrical triangle.

In the coming days we will see a bigger move. Up or down. Keep an eye on it!

Volume is decreasing so in my opinion we'll see a movement down.

That green part is a major support.

Thanks for reading and don't forget to leave a like!

Jan 18
Comment: Lower support incoming. Check also this idea:

Jan 18
Comment: And the bigger pictures comparing with previous bullrun / downwards correction

Jan 19
Comment: very nice up after completing symmatrical triangle!
Don't miss that this small triangle is just one part of a far larger one we have been converging in since the end of November (making a move up what "should" happen... and a breakout down a signal of a major sell-off to $2500 incoming - since a breakout down is a breakout of both our triangles).
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Will_Wortel BCryptological
@BCryptological, I'll see same picture
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Will_Wortel BCryptological
@BCryptological, Thanks for sharing.
+1 Reply
BCryptological Will_Wortel
@Will_Wortel, You're welcome. Happy to see your perspective also.
+1 Reply
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