Descending triangle at the local bottom

By rhuans
Updated
Descending triangle with the possibility to break up or down, huge movement coming ...
Comment
The triangle is breaking down, next support is likely 0.37 matching the Fibonacci level
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
Comment
new pattern spotted on the hourly chart, which aligns with the current idea, check it out:
Nimiq/BTC - Falling Wedge
Order cancelled
the support at 0.5 held the price and second trade is active,
Descending triangle at the local bottom
Trade closed: stop reached
wrong link,
Nimiq/BTC - Falling Wedge
Chart PatternsHarmonic Patterns
rhuans

Disclaimer