Bitcoin 15/08/2019
Updated
BTC is keeping within the triangle..
l am going to say that my thought are that it will break out on the downside due to the trending pattern and
the cloud is thin enough for BTC to clmb down through it quit easily..
On the 30th July there was a doji that formed right at the base of the triangle forcing the candles to rise.
There were 2 attempts for a break down but there is just not enough of a build up for BTC to leave the triangle just yet..
l think there will be more downside to come and a nice fall once the triangle pops..
l am going to say that my thought are that it will break out on the downside due to the trending pattern and
the cloud is thin enough for BTC to clmb down through it quit easily..
On the 30th July there was a doji that formed right at the base of the triangle forcing the candles to rise.
There were 2 attempts for a break down but there is just not enough of a build up for BTC to leave the triangle just yet..
l think there will be more downside to come and a nice fall once the triangle pops..
Trade closed: target reached
Note
although there was no target set.My idea was that the candles were going to break on the downside, which they did..
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