TrendTraderz
Long

Breakout of descending triangle

BITSTAMP:BTCUSD   Bitcoin / Dollar
67 3 0
If this isn't a false breakout, we could see a significant move upwards.

See my previous posts on ascending and descending triangles for references as to why this is significant.
Fell to support line. Watch for break below previous resistance. Not unusual for price to test the previous resistance line of the triangle.
Reply