cryptopicasso

Running out of room in the Triangle

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
374 views
4
374 0
BTC is going through a massive accumulation currently - although its still a coin toss it does look slightly bullish as bulls have defended the support area of 212 three times now - creating a "triple bottom" - note that this support line is the same line of the top of the ascending triangle that was broken out to create our run to $315
In my eyes bulls are holding price above previous accumulation zone. If Bears push us down through support we will most likely zig zag down to $120
Waiting for a break either way before entering a trade - not gonna gamble in the chop
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out