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aaronbuckley

VENBTC - Symmetrical Triangle forming

Short
aaronbuckley Updated   
BINANCE:VENBTC   None
Trend Analysis Harmonic Patterns Wave Analysis VEN VENBTC venbtcshort short shortposition Symmetrical Triangle Cryptocurrency BTC Bitcoin (Cryptocurrency)
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trendanalysis harmonicpatterns waveanalysis ven venbtc venbtcshort short shortposition symmetricaltriangle cryptocurrency btc bitcoin
At decision point on 50 MA, RSI nearly 'oversold'. Looking for a 12345 correction from the symmetrical triangle pattern.

Possible breakdown to previous trend line as shown, reaching the 261.8% FIB.

Look for confirmations on lower time frames.

VENBTC
Comment:
Point 4 Reached: 20/2/18
Comment:
Looks like we are going to break out! New chart soon!
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