neuromancer
Long

Bitcoin Bull Triangle Breakout, time to invest?

POLONIEX:BTCUSDT   Bitcoin / Tether USD
After a few days of a Bull triangle pattern , Bitcoin may finally break out. I'm looking at the yellow 6770 fibonacci level as the next resistance line, using the Trend Based Fibonacci Extension tool based on a low of 5150 from the BCH pump a few days ago. This is probably a good time to short an alt against BTC!

Please follow me if you find this useful. I'm still new, but thus far all of my charts have been accurate. :)
Thank you for sharing. Good call. We're at 7K levels now
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thanks bro!
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I think not yet... it will drop first around 5000$ to find support and then jump to the next altime-high.
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Kozmozostis Kozmozostis
@Kozmozostis, Huh... So you were right after all.
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neuromancer Kozmozostis
@Kozmozostis, thus far I have 100% accuracy with all my Trading View Ideas ;)
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Kozmozostis neuromancer
@neuromancer, Well done!! I'm kind of new in trading... sold my BTC when it was going down at 7.400$... and was planning to buy in again at 5050$. Thought it would find there a strong support line. But in the event of this weekend, it seems that BTC did find a support zone a bit above the 5150$ for one minute and is back on moving up. So do you think it still has to go down to 5200$ or should I buy back in now? Very difficult that simple plan of buying low selling high :-)
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neuromancer Kozmozostis
@Kozmozostis, buying in now seems risky. I would wait for a price drop, but who knows, it could continue to go up. If you're feeling FOMO, then maybe only invest a few hundred so that your loss isn't too big if it suddenly corrects back to $6900 or something.
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Kozmozostis neuromancer
@neuromancer, Okay, thanks for your opinion!
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