Bitcoin has reached its 61.8% retracement & now forming a symmetrical triangle. If it breaks up, we will be seeing bitcoin reasserting back to uptrend.
@hubavka, so every time there is a symmetrical triangle you just follow the trend without looking at the larger picture? Its like saying its a “hammer” you should always buy. Donkeys do that. There is way more information supporting bullush move than just selling at “symmetrical triangle”. 1. It has reached fibbo retracement 61.8%, 2. hammer candlestick, 3. Triangle showing sideways, 4. It has broken the upper triangle. Goodluck seling
stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation