Hard Times Ahead
I have been charting this as an ascending triangle for a while now and holding a bullish stance through most of the pattern. We have officially had a break of the support on this pattern which is a very bearish situation. My current stance is that TOTAL will be testing support at 1.2T before we know it and could come down towards 0.8T if that doesn't hold. Either way it's a long way down and will devastate the altcoins and bring Bitcoin towards the 2017 high. Buckle up and take advantage of the volatility here.
Trade closed: target reached
First Target ReachedTrade closed: target reached
Final Target Reached
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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.