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Griffin0318
Oct 14, 2019 5:10 PM

POLYBTC - diamond reversal pattern? 

Polymath / BitcoinPoloniex

Description

POLYBTC looking like it's forming a nice diamond reversal pattern; however, would need a daily close above the right side of the diamond to confirm a reversal and a move up to the green line. If we get a daily close below the diamond pattern, could end up being a continuation pattern down to the red line.

TG

Comment

Ended up being a continuation pattern to the downside. Target of 254 hit. Could be a good Alt if we see people jumping ship on Bitcoin.
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