zippy1day

BTC Contracting Triangle(Continuation)

Long
zippy1day Updated   
BITFINEX:BTCUSD   Bitcoin
I still think we are in a bull market after making a correction in Higher Wave IV and near completion!
Obviously with all Symmetrical Triangles we have to be aware of any pullbacks but only see $5400 as the Base price.
It is my belief we have crossed the 2018 Bear trendline and tested it with a Higher Low of $7040.(Blue Line from All Time High to recent low). The likely breakout is probably at the latter part of June 2018 when at least 75% of the triangle has been completed!
Trade active:
Triangle & PF broken!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.