AAlFadhala

Bitcoin Short Term Analysis: Bullish or Bearish?

BITSTAMP:BTCUSD   Bitcoin / Dolar
Hello traders!

As you can see, bitcoin             is forming a structure (triangle) that is about to be breakout.
This is a very short term analysis of what we expect to see in the next few hours.


Both possibilities are valid (bullish/bearish)

Let see what you guys think, do you think it will be a bullish or a bearish move?

I'll start by guessing that it will be a bearish one.


- Abdulla
Perdagangan aktif: Bullish! - This is what I love about those patterns, it really doesn't give you any clues unless it breakouts
LIVE Updates on Telegram: https://t.me/abdullatrader
great prediction as always. Thanks now where do you see this going bro?
Balas
BrunoDanteSampaio dsmith091100
@dsmith091100, IMO, as other strong markets are behaving follow the leader, I believe Ether, Dash, Monero and XRP will follow BTC in the uptrend soon, specially after the 25/10 BTC fork. I believe after this date BTC will face a strong pull down.
Balas
dsmith091100 PRO BrunoDanteSampaio
@BrunoDanteSampaio, Thanks for your thoughts.
Balas
AAlFadhala PRO dsmith091100
@dsmith091100, Thank you
Balas
@AAlFadhala , Good spotting and Excellent call. I missed that rising wedge.
Balas
HuynhLoc mycotoxin
@mycotoxin, hope it bear.. to buy again .. sad!
Balas
should we join now?
Balas
bulls attack
+1 Balas
hope ít Bearish!
Balas
I may be wrong, but you are having a hard time climbing, the volume of buying has stopped and you will probably have to go down to gain strength.
Balas
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