BitcoinLong
BTC Symmetrical triangle (12-month) | Breakout 1OCT2018 | LT BUL
A long term support time for over 12-months is being testing in a symetrrical triangle
On a micro-scale, there is a head & shoulders forming, increased selling volume.
If the neckline is snapped, bear bias will be established with a low bottom range of 4800-5300
Volume is much needed to ensure there is no flash crash. The bulls need to secure the 6000--6800 range
Bullish breakout from the triangle should blast through 10k barrier, with T1 @ 11500, followed by T2: 13500
On a micro-scale, there is a head & shoulders forming, increased selling volume.
If the neckline is snapped, bear bias will be established with a low bottom range of 4800-5300
Volume is much needed to ensure there is no flash crash. The bulls need to secure the 6000--6800 range
Bullish breakout from the triangle should blast through 10k barrier, with T1 @ 11500, followed by T2: 13500
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.