Will_Wortel

Next for Bitcoin: possible descending triangle (long term)

Will_Wortel 已更新   
COINBASE:BTCUSD   比特币
Hi all,

This is possible another way to interpret the long term movement of the price, since there was a lack of volume when breaking out previous triangle (see other idea below). The volume needs to confirm a pattern, big down to 8k area had to come. so my feeling is that the symmetrical is invalidated.

It looks like the price is moving in a descending triangle. Mostly gives a descending triangle a big move down. This one was after the previous bullrun (begin 2018)


For the bulls I'm having a bad feeling about the price but 14k is possible with an up.

For the bears, I'll think 6k is possible with a down. Big short opportunity.

BTW: there are a lot of opportunities to make money in this triangle.

Like to support me and follow to be updated when new idea's published
评论:
This is my previous long term about Bitcoin. The big move stays out so I expect the pattern is invalidated

评论:
New idea, click on it for details


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