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Muckrah
Jan 18, 2019 8:48 AM

BTC Symmetrical Triangle with possible breakout Long

Bitcoin / U.S. dollarBitstamp

Description

Good morning guys,

and welcome to another idea presented to you by me, Muckrah.

What I currently see in BITSTAMP:BTCUSD is a Symmetrical Triangle in the one hour chart. It is marked for you in orange. Soon - I am convinced - it will breakout if there is enough volume. So please, pump it up a little bit. We need all your help!

What do you think? Is it going up or down next? Please support me with a thumb up and a comment. I would appreciate this :)
I will try to update this post frequently.

See you guys, trade on, Muckrah

Comment

We are still inside the triangle, bouncing up and down.
So far looks good. Pump it up!
Can't wait for the breakout. I think we have to wait a few more hours...

Comment

Still inside the triangle. Some people in the chats say, that we will go down. Maybe... I am very excited about what's going on in the next few hours.
Of course we need a lot of volume to breakout...
I will keep you up-to-date :)

Comment

Looks good so far... we are still on track :)

Comment

Let´s see what the weekend will bring us.
Still looking good. We are still inside the triangle, have far to little volume... and it is weekend time. That means low volume, charts are going down and all are waiting for sunday night.
But I stay with my opinion and will wait for volume and a little pump up.
Cone one guys, push it!

Comment

And here is the breakout I was waiting for and was talking about all the time.
Again I was right, yeah :)
Comments
Anoinvest
Glorious analysis. Well done
Muckrah
@Anoinvest, thank you very much for your feedback. I really appreciate this :)
RomanLosev
nice match ;)
Muckrah
@RomanLosev, thank you for your feedback:)
derk-jan
I think its going to retrace look at week chart
Muckrah
@derk-jan, Thanks for your feedback! Yes, maybe it is going down. Heard that a few times in the chat. I am very excited about what will happen...
derk-jan
@Muckrah, you are welkom !!! i think whe maby .......take a fast short run to 4200 but if 3600 is broke we go fast to 3200 and tradingview.com/chart/r87HWRUW/
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