BTC - D1 - POTENTIAL TRIANGLE BREAKOUT IN PROGRESS !!!
D1 : Recent price action triggered an intraday move towards a low so far@ 34'800
Currently traded below both Tenkan-Sen (TS) and Mid Bollinger Band (MBB) !
Uptrend triangle support line currently under attack...
Watch closely today's closing for clues
A failure to stay and hold inside the triangle pattern would give a warning
of a potential trend reversal calling for a move towards 33250 (KS) as the
first significant technical target ahead of the psychological 30'000 area !
Interesting to note that the 23.6 % Fib ret is @ 32987 and the 38.2% @ 27403...
Currently traded below both Tenkan-Sen (TS) and Mid Bollinger Band (MBB) !
Uptrend triangle support line currently under attack...
Watch closely today's closing for clues
A failure to stay and hold inside the triangle pattern would give a warning
of a potential trend reversal calling for a move towards 33250 (KS) as the
first significant technical target ahead of the psychological 30'000 area !
Interesting to note that the 23.6 % Fib ret is @ 32987 and the 38.2% @ 27403...
Penafian
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