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PolarHusk
Aug 13, 2020 7:33 PM

QTUM/BTC (Symmetrical Triangle?) 

Qtum / BitcoinBinance

Description

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
Comments
ibbman29
yes and with mainnet, staking news, this should easily hit the target
shams19944
did we break it dear sirs??
shams19944
Phi-Deltalytics
Nice idea!
Chankun13
will it take long
Alexander_Harford
keep going!
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