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DatTong
Nov 18, 2018 2:52 AM

BTCUSD - Break up from triangle pattern on H1 Long

Bitcoin / DollarBitfinex

Description

Triangle forming on H1
Price broke up
--> BUY
Comments
mccf
Never predict something abt crypto based on TA ! :)
andoverg
Good call, but resistance at about 5770 may hold this back from the target. Bears have one more pressure wave left to go (always in threes and we just finished the second). Tomorrow will tell the tail! Fingers crossed! Been a tough, tough market for bulls.
andoverg
@DatTong, Well, I expected resistance to hold under a third bear pressure wave, not a waterfall full of bears. Yikes! :-)
Boon2
BTCUSD M15 expanding flat, More downside to come. Downside playing out nicely this far.
UnknownUnicorn2774089
Buy and get burned, price went down
milanjelic
Nice one again @DatTong .

Good job.

Regards mate.
Ronnie_Dong
Je_Buurman
wow.. that worked out great :)
MuMPiTz
I drew the same tirangle but wasnt sure whether this would count as a "break up" because it looked like it went through just sideways... do you often see it actually going up further when the break out is so weak?
MuMPiTz
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