Three possible triangles, green, yellow and red.
Green triangle has an uptrend line that starts at 7250-7300usd, and we really want to get up to that uptrend, since we have not broken it before now. But first of all XBT needs to enter that triangle above 6830usd.
Yellow triangle is more unlikely and somehow unsure, If XBT are entering the yellow zone. There will be either an new uptrend line, or downtrend. New idea will have to published, if we go in that area.
Red triangle, might be an warning that XBT is thinking going down to the February 5th low.
The difference is that at that point didn't break the green uptrend line, which was broken this weekend.
Feedback appreciated, since this my first publication.
Green triangle has an uptrend line that starts at 7250-7300usd, and we really want to get up to that uptrend, since we have not broken it before now. But first of all XBT needs to enter that triangle above 6830usd.
Yellow triangle is more unlikely and somehow unsure, If XBT are entering the yellow zone. There will be either an new uptrend line, or downtrend. New idea will have to published, if we go in that area.
Red triangle, might be an warning that XBT is thinking going down to the February 5th low.
The difference is that at that point didn't break the green uptrend line, which was broken this weekend.
Feedback appreciated, since this my first publication.
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Still a chance, to get into the green.
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Seems like the bears was stronger. Now we need to stay between pink and green line, and break above the green line.
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Are we about to bounce to 7300usd? Seems like it.
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