Ascending Triangle in 15m BTCUSD AND MORE

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
First, we can see an ascending triangle being formed in the 15 minutes chart!

Volume is spiking.
RSI is bullish on the daily.

Momentum is reversing.

It had been a long time since we saw more Longs open than Shorts

My most famous Trend Indicator, is also bullish in 3H

Feel free to comment your opinion and thoughts !


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I try to think about "Short" at BTC - even about collapse on it:
Don't you think so? ))
+2 Reply
cyatophilum AlexKuptsikevich
@AlexKuptsikevich, We will only know when the 6k support line gets destroyed. If it doesn't, we can stay bullish. BTC fluctuates a lot recently. A lot of movement in price, something is preparing.
what a great call with your rocket to the moon, just like 99% people here always bullish looking at charts they way you want it not the technical direction
+1 Reply
cyatophilum detroit313
@detroit313, Yeah but what do you want we can't delete ideas and we gotta shill our indicators somehow you know however TA is biased with all this leverage trading and market manipulation..
weird, it went the other one saw it coming
+1 Reply
@leokim, I admit my defeat :D
Damn Market manipulation ...
BTC will go to 6.1k then 5.8k then 5.6k before a real bounce up!
+1 Reply
cyatophilum CryptoFido
@CryptoFido, Looking like it's going down yeah.

+1 Reply
@CryptoJMA, Log Chart is fine but it doesn't take account of fundamentals.
Plus you're expecting a pattern to repeat or we can't predict the future..
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