BTC - Back into the ascending triangle
Hello all,
We had a drop some hours ago and we are now back in the ascending triangle :
We could use that little drop to touch the bottom of the triangle and start a new up more powerful.
This is the scenario for me the most probable and it would allow us to continue the nice bull trend we started.
However, we cannot ignore the possibility to break the resistance line of the triangle and go back to a bear trend. If it is the case, the up that we saw the last hours was just a head fake where I put the circle in red.
Keep an eye on the bottom line of the triangle, this is the attention point of the coming hours.
Take care all,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - de retour dans le triangle montant
Great explanation. I thought we were over with this triangle :) but we are going to need to wait.
A plus l'ami!
Salut Vlemon, une petite correction était inévitable après la belle hausse mais j'aurais été plus confortable si on était resté au dessus du triangle en effet. Attendons de voir la suite, la baisse a l'air de stagner pour le moment.
Ce qui serait vraiment inquiétant si tu es en long, c'est de casser le triangle par le bas :(
Ouép, je me doutais qu'on allait avoir ceci mais la hausse semble tenir.
Petite question, tu es sur Discord? Je voudrais te parler en chat (ou sur twitter, je viens de te follow).
Oui oui je suis bien sur discord et meme sur le channel francosteemvote (Cryptopassion avec le même logo qu'ici). Même si je n'y participe pas beaucoup j'essaie d'y jeter un coup d'oeil de temps à autres ;) C'est la façon la plus simple pour me joindre.
Resteemed
Thank you
You are most welcome!
Hi @cryptopassion,
That's a big good news. It will mean another upward trend for btc and possibly a blood bath for altcoin?
😈
Also I'd like to use charts to make predictions 🔮 the way you do ,any suggestions on where to look?
Great post by the way, I'm resteeming and following now
Everything is always possible in trading.
TA provide only indications.
I'm using the charts provided by https://www.tradingview.com. For the TA, you can find many information on google ;)
Alright thank you @cryptopassion I'll definitely check it out.
Yet present still it is in down trend.
Indeed hehe, let see what will happen with the bottom of that triangle
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Thanks !
Good post
beautiful handmade bitcoin steem nice picture
Im sure , once all the dust and banning of bitcoin in some places of the world are over, and a massive adoption elsewhere, there will certainly be another ATH soonest. Thanks for the post.
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