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Phi-Deltalytics
Sep 22, 2019 9:34 AM

Trading the BTC Triangle Break - Confirmations 

Bitcoin / DollarBitfinex

Description

Waiting for the BTC triangle to break? We are almost there!

For those who are waiting for the new support/resistance to form as the signal for entry, we suggest also keeping an eye out for the position of RSI dips/peaks in relation to the RSI Moving Averages. These tend to be very useful confirmations for trend changes.

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Comments
lli
Very good analysis. Look forward to your next post!!
Phi-Deltalytics
@lli, thanks.
SpartaBTC
I think so too. It is necessary that the triangle is punched in one direction or another. Then everything will be more clear.
Phi-Deltalytics
@SpartaBTC, thanks for sharing!
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