BTCUSD: Larger Picture shows symm. Triangle formation
Looking at the larger picture of the BTC/USD price-breakdown one can see a symmetrical Triangle formation (all time frames).
Trading range is narrowing
Volume gets increasingly lower from Nov 15 to now.
Apex of the Triangle to be reached around Jan 1st, 2019
Breakout direction cannot be ascertained, though a continuation of trend is common for this chart pattern and that would mean headin' south...
Trading range is narrowing
Volume gets increasingly lower from Nov 15 to now.
Apex of the Triangle to be reached around Jan 1st, 2019
Breakout direction cannot be ascertained, though a continuation of trend is common for this chart pattern and that would mean headin' south...
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