Again not too many words only keysubjects. In front of you the 4hr chart of BTC.
- BTC is in a symmetrical triangle - There was a curved resistance in triangle touched many times, who breaks out yet (positive signal) - The support of triangle was touched several times also. There was a nice bounche couple of days ago. I've made an idea of that (link below) - the outcome of a sym triangle is 52/48. I always do 50/50. We can see a continuation of the price or we can see a bulltrap or beartrap. - On sept 23th BAKKT will be live whats almost the end of this triangle. Check Google if you don't know BAKKT (futures backed by BTC) - There will be a up of 3000 or a down of 3000 after breaking out triangle (calculated from point of break out)