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KarimSubhieh
Jul 15, 2019 9:47 AM

BTC - New formation forming?  Long

Bitcoin / United States DollarCoinbase

Description

Hello guys, as you can see in my post we are slowly building a triangle pattern again.


We are currently dipping below the EMA 25 (green line) and price ranges between 25 & 50 EMA. (50 is the yellow line)

Last time we dipped below the 25 EMA, it resulted in a PUMP.

If we manage to break out of that range in bullish momentum, we could see another run-up.

Next major support would be at 0.618 FIB at 9768$~ ish.

fingers crossed.

Trade closed: stop reached

Pattern invalid
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