TradingGarden
Short

BTC: the triangle has been broken

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As I said in the previous analysis ( )
the triangle formation was a test for bullish or bearish trend . Now the triangle has been broken.
I think there will be a huge dip.
Whats the matter with you all? Everybody is that much on triangles, where there is none at all.. One wave down, followed by a bearish flag pattern, which now was left to the south..
Reply
TradingGarden ThommyTomka
@ThommyTomka, the reason could be that I really like the "triangles" ;)
Reply
ThommyTomka TradingGarden
@TradingGarden, sure, though its the most uncommon correctional pattern. Flags, wedges, etc. are all more likely..
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out