_damanjeet_
Singkat

BTC - Descending Triangle - Downside tomorrow ?

COINBASE:BTCUSD   Bitcoin / Dolar
COINBASE:BTCUSD            
  • BTC seems to be caught in a funny position and forming a classic descending triangle . Expect a downward breakout by tomorrow (next 18 hours). There could be serious correction. Also there is a pattern of hogh volume on sell in the preceding days, followed by buy hence could find support at $14,500 levels.
Komen: With the movement within the descending triangle complete, there could be a sharp down side now. However this is part of wave 3-4 of elliot wave and a big upside is high probability is my analyis...stay tuned
Komen: bingo !!! time to study new trends from here !
did u go short?
Balas
_damanjeet_ devi.rae.simon
@devi.rae.simon, i wish i could, my coins stuck at bittrex :) anyways this is time to put in some investment at BTC to get short term gains in the next 5-6 days
Balas
engulfing bearish at the end...will need to see a couple of more trend candles and voila trend will be confirmed !
Balas
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