BTC Triangle coming?
Updated
The main trendline from 20.000 top to the most recent ones had its immediate effect to stop the rebound to 10.000 level.
Now many crossings of shorter term and the fifth wave up creates the environment for a triangle or so.... what is going to come next? a 13.000 > 20.000 fast market?
By now it seems to be too early, expect some side movements 8600-9600. a 7500 dive would be more inviting :)
Marco
Now many crossings of shorter term and the fifth wave up creates the environment for a triangle or so.... what is going to come next? a 13.000 > 20.000 fast market?
By now it seems to be too early, expect some side movements 8600-9600. a 7500 dive would be more inviting :)
Marco
Note
STILL IN TRIANGLEThe trendlines are still perfectly fit with situation.
New support @8800 but allow a dip to 8700-650 before targeting the 8000.
Possible to buy even now for break of 10.000 but be careful before the break.
:) Marco
Marco Mottana
cfx-finance.com
cfx-finance.com
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