extantproject

EMC2/BTC Hunt Volatility Funnel (HVF)?

extantproject Aggiornato   
(Note: I'm a beginner at technical analysis. Comments welcome.)

Though not perfectly formed, this looks similar to a Hunt Volatility Funnel (HVF). Volatility decreasing over the past few days, now a pinch forming on Bollinger bands. I estimate a breakout through 250 satoshi. 5.78 Risk/Reward Ratio.
Ordine annullato:
Never hit limit buy order at 238 satoshi. This was not a Hunt Volatility Funnel (HVF) due to low time and price symmetry and "highly-slung". There was no preexisting trend. Additionally, EMC2/BTC is a very low liquidity market, which greatly increases the risk of stop sell order slippage.
Commento:
Well how about that? It hit target after all...

Cace Hudson
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