SIMON_G

Symmetric triangle bullish continuation forming!

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hi guys, I am thrilled to see things going as predicted as the chart hit my prediction of 7450 USD today (Please see my previous chart). Now that we have confirmed this, it seems that BTC is coming towards another end of a triangle. I've had a look at some respected traders predictions and many believe the triangle formed is a bearish one. However, if we zoom out a little further its actually a bullish triangle and this is what I am putting my expectations on. Don't let the panic fool you guys, as I've said before, the run is coming. I'll be back in a couple days for another analysis on what I've said today, remember, DYOR!

Comments

I Like your chart ! Look RSI
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