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abdullatrader
Sep 3, 2018 8:23 PM

Bitcoin (Ascending Triangle) Long

Bitcoin / DollarBitfinex

Description

Hi traders,

Bitcoin formed an ascending triangle pattern, which is considered as a continuous pattern to the trend - Target $7500.

Comment

Comment

Trade closed: stop reached

Pattern Failure
Comments
EagleView777
Bitcoin volatility at the lowest point in 2018 in combination with high short interest is very, very bullish for the market.
severt
@EagleView777, volatility is up & down movements... Since we havn't had a real retrace from 5800 to here I guess a push down is more likely than a move up...
TraderHase
Abdulla is a great guy with excellent TA skills. I admire him and I learned so much from him, thanks, man! I really hope we can meet one day! But in this market, you won't get far with that because everything is manipulated. How it comes? It's like in real life, only a few ppl managed to gather all the crypto wealth to control the market. Some guys market sell in one batch 100 Mio or more and can cause the market to turn around. Usually at a point, when you don't expect it. Some words of wisdom: Either you know those ppl and what they are going to do. If not, stay out and spend your hard earned money somewhere else.
codewarrior_777
And you were right again! Your TA is always so good. I enjoy following you. Keep up the good work.
welcometonepal
I think we will reach 7500 $ in the next 3 days !
HuynhLoc
Long time no see @abdullatrader Please update ETH now?
abdullatrader
@HuynhLoc, I’ll try to do so
weslad
This chart exposed new BTC trading pattern. Enjoy it guys

davidvillarreal.sa
So cool to have you back, thanks man!
abdullatrader
@DavidVillarreal.sa, thanks
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