As an other trader pointed out, go long term long again when the triangle converges
possible drop coming - once we break the triangle, all support is gone
small break out my target for my long is 8200 We will see what happens
The numbers signal the pattern
An other 9k push If this fails we might fall out of the large triangle
Topic of this post is the 9k resistance, we have pierced through this already, but it's an extra resistance level and it might waist us some time to get through it, we'll see what happens But we still have room upward for a green candle I recently stopped working to focus full time on trading - donations are welcome BTC-wallet:...
Slight twist in history today as we had a fake out below the large triangle, the big money plays mind games Improved targets - I noticed I made a mistake looking at my targets The last - white - arrow is a risky trade, and even the third green arrow is tricky Long hard on the first two arrows and stay safe after that
See link below for the TA of the next few days, Looks like we're going to complete the same pattern as the beginning of the week, at the same price resistance level (8700) Price target is even the same at 9050 - 9100 - target is the orange resistance line I recently stopped working to focus full time on trading - donations are welcome BTC-wallet:...
Now with triangles added Original post
BTC history repeats itself - again - the next day? A lot of possible trends on the table to play out which ones will play out and which ones wont?
BTC other scenario for right now See the links at the bottom for the related ideas
Repost The original idea of Steve Elliott The side by side comparison
This is the original idea of Steve Elliott See below for the side by side comparison - the original chart changed now after posting the side by side comparison