Sorry, mates, that we are didn't update our ideas, because we took some time to take a look at the market moves.
After downward breakout from triangle BTC reaccumulated and started a new wave up.
According to Wave theory triangle usually forming before the last wave.
So BTC made a great retracement and gave good buy opportunity near 61.8 fib level.
After that it...
Local situation is bullish.
The lows haven't been renewed.
Each one is higher than the previous one.
We see a volume decrease during the fall.
Stop orders caught under $9900 (pivot from Sept 11th), as well as the price coming back to the main trading zone aren't favourable for the bears. They didn't manage to create a lower low at high timeframes....
We want to share our view at BTC.
Weekly chart showing, that we are in Bull market. RSI is holding above 50. Reaccumulation continues almost for 3 month.
Volume decreasing - typical situation in the end of the pattern.
Triangle usually break to the trend direction.
Many altcoins showed good reversal sings, volumes increased before pump on #TRX, #BTT,...