BTC INVERTED - LOW VOLUME CONSOLIDATION Long

0-XBTUSD.PBitMEX

Description

⋅ Jan 15, 2019 4:48 AM

The price action and volume indicate consolidation with no clear direction. If the symmetric triangle pattern holds and volume continues to drop off, a break of the triangle will most likely be in the direction of the prevailing trend (bear).

Comments

jwbatchelor89

⋅ Jan 15, 2019 4:41 PM

your chart is inverted what the heck

IrenaStory

⋅ Jan 15, 2019 5:03 AM

Great analysis Derrick, thank you!