Last 6 months $BTCUSD consolidated within a triangle forming higher lows on every dip. Expecting a massive breakout within the next 1 month.
Get your bags ready.
Smash up "Agree :agree:" - button, if your bags are ready for the major take off of 2018!
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Wait for price to close above the peak between the two bottoms, confirming the Adam & Eve double bottom as a valid chart pattern.
Overall performance rank (1 is best): 8 out of 23
Break even failure rate: 5%
Average rise: 37%
Throwback rate: 59%
Percentage meeting price target: 66%
Hey peeps, was tracking WAN's path and just had an "aha" moment, because it's not something I usually take into consideration. Wondering if this will work out.
I'll give an update with what I've found if the prediction will play out well.
The concept behind the flag and pennant patterns is that the momentum seen during the flag pole phase could continue once the pattern completes. Therefore, measure the size of the flag pole, then add that length to the bottom of the flag/pennant for bullish patterns.
Lets see how does WAN respect TA :)
Sell price target: 0.00059782
TBH, I wouldn't be...
Pretty solid break out from the long down trend and previous resistance retest. Looking for a solid jump up before and after April 16, Wanchain is planning to announce big news at the World Blockchain Forum in Dubai.
Volume is pretty low at the moment and strategy might simply not work out, watching order book carefully.