BTC descending triangles with a possible strong upward breakout

13 set 2019

If it follows its wave pattern, upward breakout is highly probable. That last bounce off weekly S (red line) is also positive move.

13 set 2019

Nota

Ignore the strategy panel :) This is just some crap I forgot I had running on this chart.

15 set 2019

Nota

Because all sorts of triangles and sloped lines fail when when markets moves sideways, I added a yellow box to mark the important area. Call it the decision zone, if you like.

16 set 2019

Nota

IF you noticed, there is also a nice little #Gartley Pattern on this chart

16 set 2019

Nota

17 set 2019

Nota

Gartley worked out nice.



There is the top edge of the descending triangle (A), market seems to follow religiously but the vertex is not that far any more.

20 set 2019

Nota

Triangle "A" is the one that market keeps "following" at least for now. "W" is still there

24 set 2019

Trade chiuso: stop raggiunto

lot's of cheap bitcoin for everyone!