I wanted to show a strategy that I used today. I'm still new to this and only used a few satoshis on this strategy to learn how you can make a small profit in a consolidation period. However to the chart: 1 - "Tunnel", Between those two lines the market couldn't decide if it goes up or down. The result in this situation are big bullish- and bearish-candles. 2 -...
POLONIEX:BTSBTC is currently in this "tunnel". If there's a breakout it might hit resistance at around 0.00011690. Otherwise it will gain support at around 0.00010600 and quickly go on a bullish run.
Just connected some important points over one month.
POLONIEX:STRATBTC coming to an interesting short-term point. Let me know what you think about that!
I just started getting into technical analysis. This is more of a test than an idea. With this simple symmetrical triangle we could see another short-term outbreak.