I published this post to correct the last post:
What bitcoin is shaping seems to be a symmetrical triangle pattern. The chance of break-down to break-up in this pattern is almost equal in a bear market (a 7% breakdown has a better chance)
The direction of breakout will determine the direction of the next short_time trend.
What bitcoin is shaping seems to be a symmetrical triangle pattern. The chance of break-down to break-up in this pattern is almost equal in a bear market (a 7% breakdown has a better chance)
The direction of breakout will determine the direction of the next short_time trend.