DreamBlood
Panjang

BTC - The Triangle

BITSTAMP:BTCUSD   Bitcoin / Dolar
Dilihat 570 kali
12
570 10
Bitcoin             is currently moving in a triangle. If btc             does a breakout , stops are at 16400, 19000. If it doesn't do a breakout most likely it will dip to the support.
Komen: Update:

First resistance hit, expect a potential drawback.
Komen: Update:

First resistance passed, 19000 in play.
Komen: Update:

Found minor support at 15800, too early to say if it will hold.
Komen: Update:

Sadly bitcoin is back in the triangle and the downtrend may continue , if you had diversified your portfolio and have usd, putting buy orders at 12650 would be a good move. (It may not reach 12k , but the buy order would make you get cheap btc)
back in the traingle and therefore at about 15.5 k roughly ?
Balas
DreamBlood scousertommy
@scousertommy, for btc to be back in the triangle it would need to be under the red line.
Balas
been moving down since this idea was on , well the more it corrects the better the alts i guess and i am noticing that are holding on better to btc's flactuations
Balas
broke support and going down?
Balas
DreamBlood grechkaman
@grechkaman, if btc will go back in the triangle, then the downtrend will continue, while it is above it, it will grow back to 16400 and reach 19k.
Balas
still close to previous resistance of 16,400 $ to know where it is heading right ?
Balas