IamNomad

2015 high/ low trend lines coming to a head soon

BITFINEX:BTCUSD   Bitcoin / Dollar
104 6 2
roughly 19 days till this triangle complete, along with weekly bbands getting tigher (not pictured) as supporting evidence.Daily RSI seems to support this theory as well

- this provides for a retest for 215 low (and rising) if no break
- high with no break will be ~240 (and falling.. )

hadnt checked on this guy in a while.. apparently it work out.
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we keep tapping the upper trend line. will it break ?
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Maybe if the StochRSI can hold out at max a for a little while longer?
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hi, what is 'MM orderblock trendline'?
+1 Reply
IamNomad PRO rubenthin
"market maker order block" at a certain size position, you need market to go up in order to close your position without slippage. it can also be argued this has been the 'reversal level' as well.
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snapshot
same chart with Spidercrusher on
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