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Descending triangle at the local bottom
Nimiq / Bitcoin
Descending triangle at the local bottom
By rhuans
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Updated
Jul 23, 2020
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Jul 23, 2020
Descending triangle with the possibility to break up or down, huge movement coming ...
Jul 23, 2020
Comment
The triangle is breaking down, next support is likely 0.37 matching the Fibonacci level
Jul 24, 2020
Comment
Small support at 0.0000005000 sats, but I don't think will hold, most likely we will see the price bounce from the Fibonacci level
Jul 24, 2020
Comment
new pattern spotted on the hourly chart, which aligns with the current idea, check it out:
Jul 25, 2020
Order cancelled
the support at 0.5 held the price and second trade is active,
Jul 25, 2020
Trade closed: stop reached
wrong link,
Chart Patterns
Harmonic Patterns
rhuans
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