TradingView
brettfb
Jul 22, 2018 10:51 PM

BTC USD Double combo correction with ending diagonal? 

Bitcoin / TetherUSBinance

Description

Maybe this correction is almost over and BTC 0.21% is printing a double combo ending in a diagonal. If so I'd expect one more run down here to stop at the lower trendline and then probably flat for a while before starting the next bull market.

I'm waiting to see if we break out here and complete what could be a bull flag . If so I might buy the breakout. If we don't break out, I'll wait to buy at slightly above the lower trendline of the descending wedge .

Comment



Waiting to see what happens if/when we test trendline of this expanding triangle.

Comment

Maybe the log trendline is in play and we'll see a final run up to 7.9-8 before a reversal:

More