edward_Z

Bitcoin (BTC) in a classic descending triangle(Reversal or not?)

edward_Z Updated   
BITFINEX:BTCUSD   Bitcoin
Classic pattern drawn by Bitcoin (BTC) with a descending triangle that can be turned in two ways, a reversal for a breakout and turn it to a bullish or a break with that tiny support till the next support (wich is not so great also).

Time will decide...
Trade closed: target reached:
It touched the second resistance in one spike, be careful with the reversal
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