Bitcoin is primed for BULLISH breakout, but not yet.

2018년 10월 2일

As you can see on the chart, its obvious that this market is ready to turn around. All the signs are showing a bullish breakout should occur, however the short term trend within the triangle suggests another drop of about 7% or so, before that happens, reason being a double top has formed with 2 distinct candlewicks, (multiple signs of weakness), as well as the short term support has been breached. The price should come lower before breaking out of the triangle with bullish breakout.