This is an update on my previous idea. Please see the link down below. The targets haven't changed, but the stop loss is now at 9150 satoshis.
Also, the triangle is updated. It looks much better on the 12-hour chart, but I don't have that feature.
Also, the triangle is updated. It looks much better on the 12-hour chart, but I don't have that feature.
Note
Still waiting for triangle to break to the downside.Note
The triangle is still holding on BitMex. Note
Any hour now in the next three days and this triangle should break to the downside, with 75% probability of reaching the 7750 satoshi target.Note
Any hour now in the next three days and this triangle should break to the downside, with 75% probability of reaching the 7750 satoshi target. Note
Sorry about the previous two posts. This is the chart I intended to attach. BitMex Futures 1-day.Note
Triangle updated and still intact on the 3-day chart.Note
Update on the next candle on the 3-day chart, which started on 15 December. This candle has 18 hours left to close. If it closes above 8810 Satoshis, then the triangle is not valid anymore and no price prediction follows. But let's see what happens in the next 18 hours.Note
Picture for the previous comment.Order cancelled
Triangle broke to the upside. No trade was taken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.