TradingView
PizzaRoll
Apr 19, 2018 2:55 AM

Descending Triangle/Log Resistance/Horizontal Channel 

Bitcoin / DollarBitfinex

Description

Pass red = STOP
Pass yellow = SLOW
Pass green = GO

Comment

Price has continued along the upper range of horizontal resistance, likely invalidating the potential descending triangle. Looks like we'll continue this price action for awhile before a decision is ultimately made.
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