BTC descending triangles with a possible strong upward breakout

13 sept. 2019

If it follows its wave pattern, upward breakout is highly probable. That last bounce off weekly S (red line) is also positive move.

13 sept. 2019

Note

Ignore the strategy panel :) This is just some crap I forgot I had running on this chart.

15 sept. 2019

Note

Because all sorts of triangles and sloped lines fail when when markets moves sideways, I added a yellow box to mark the important area. Call it the decision zone, if you like.

16 sept. 2019

Note

IF you noticed, there is also a nice little #Gartley Pattern on this chart

16 sept. 2019

Note

17 sept. 2019

Note

Gartley worked out nice.



There is the top edge of the descending triangle (A), market seems to follow religiously but the vertex is not that far any more.

20 sept. 2019

Note

Triangle "A" is the one that market keeps "following" at least for now. "W" is still there

24 sept. 2019

Trade fermée: ordre d’arrêt atteint

lot's of cheap bitcoin for everyone!