e_damas

Triangles for Projection

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
How bitcoin             x USD will solve those labyrinths?

Yes, your chart is a real labyrinths, haha.
Can you give more explanation please
+2 Reply
e_damas JadeDD
@JadeDD, Each green line is a resistance that somehow needs to be 'solved' by BTC's price fluctiation. Usually those lines form an angle (triangles), and it can go up or down after breaking the line.
As we can see, BTC didn't get bearish, but followed the resistance line formed by 2017/12/30 and 2018/01/17.
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