The Bitcoin began to move slowly in last week with the amplitude 2000usd.
From the chart, it is clear to see that a contracting triangle is completing.
We all know that the contracted triangle is a relay pattern or a reverse pattern.
If the price break out either of the triangle, it is most likely to rocket or plunge.
But now, the price is moving in a small shock zone, 9000-11000.
So buy and sell in each side without doubt.
But or sell after the triangle is broken out.
From the chart, it is clear to see that a contracting triangle is completing.
We all know that the contracted triangle is a relay pattern or a reverse pattern.
If the price break out either of the triangle, it is most likely to rocket or plunge.
But now, the price is moving in a small shock zone, 9000-11000.
So buy and sell in each side without doubt.
But or sell after the triangle is broken out.
Comment:
Yes, the triangle was broken out downward.
