Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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15 min symmetrical triangle taken as continuation pattern (down) but may break bullish before topping and rolling over as seen with most triangles(see previous). Could break bearish and head to the major support a 6600 offering a nice short term buy oppurtunity with a stop loss below the 6600 level. Either way a break is coming either direction.
Lines werent all that accurate because the break up and consolattion took a good deal of time before dumping but notheless got the move pretty accurately.