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newtrader_201

bitcoin has a bad memory in this area ... poor bitcoin :))

Bitcoin (BITFINEX:BTCUSD)  
newtrader_201 Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Triangle
2
1
chartpattern triangle
as you can see this is the same area where bitcoin lost bullish momentum in march and finally fall down to 6700 area.now it has made a triangle in H2 timeframe.lets see which way it will breakout.
closer look:
snapshot
Comment:
similar stock situation from last bull rally
snapshot
Comment:
the estimated target of triangle is 7300 zone but it can be a fake triangle.still price can go up
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