BTC, approaching a buying opportunity
So we broke the last down trend, and have redrawn the new flatter line, which matches up with our lower support line, giving us another symmetrical triangle. We are also approaching the 61.8% retracement of the latest lower high, and so there is a potentially a buying opportunity coming up soon. I think this breaks to the upside, if the support line holds. Seems silly to say that I guess. IF we don't hold it, then it's going down big time again. I'm not sure people have the stomach for that. I want to see it bounce of the lower trend line and create a new higher low. That would be an ideal bullish indicator.
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