Oto_

Symmetrical Triangle

Long
Oto_ Updated   
BINANCE:TROYBTC   None
There has been a heavy accumulation last couple of days. Only if BTC would stay relatively stable.
Comment:
Just realized this could also be a textbook Diamond Top, be careful. Hopefully symm triangle prevails.
Comment:
Exact same moves: www.investopedia.com...t/filters:no_upscale()/FX-DiamondBear2_r-5c0584a9c9e77c00010b1be5
Comment:
The chart that's displayed in here: www.investopedia.com...x/05/diamondbear.asp
Comment:
According to the Diamond Pattern, we have already broke down. That said, I would consider waiting for the violation of the symm triangle's bottom trendline.
Comment:
Battle going on at the apex.
Comment:
Triangle has won. This is a clear breakout and the trend is upwards.
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