PolarHusk

QTUM/BTC (Symmetrical Triangle?)

BINANCE:QTUMBTC   Qtum / Bitcoin
QTUM/BTC

-We can see multiple Bullish rejections @ 200D MA on July 27 - Aug 2
-Currently, it is forming a symmetrical triangle
-Since May, the price has been in a short term uptrend to date
-If there will be a continuation of this pattern
-Chances of upside breakout are higher
-But I only recommend buying the breakout confirmation
-This still a symmetrical triangle, it can go either direction
-So waiting for the trendline break will increase your winning

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