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romana79

BTC long triangle closing

Long
Bitcoin (BITFINEX:BTCUSD)  
romana79 Updated   
BITFINEX:BTCUSD   Bitcoin
Technical Indicators Trend Analysis Chart Patterns
2
0
indicator trendanalysis chartpattern
BTC managed to break out of yellow triangle, but there was not enough strength to higher levels.
Now, green triangle is closing and if it does not break up and confirm, I do expect < 5.5 k level could be reached.
Comment:
BTC approaching Buy zone. It broke green triangle as mentioned. Waiting for confirmation...
Comment:
Confirmation-done. Buy zone getting closer.
Comment:
Buy zone reached!
Comment:
I am waiting for consolidation phase. Update will be done soon.
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