Intra-day play - ascending triangle! 롱

Bitcoin / DollarBitfinex

설명

⋅ 2018년 3월 17일 오전 8시 7분

On the hourly we can see that a nice ascending triangle is forming.

1/ We have confirmed 3 touches on the support and multiple flush touches on the horizontal resistance. I anticipate that this will be a small breakout given the overall bearish market.

2/ Given previous price action we could potentially test 8.5k but this will depend on buying power. If you want to play it safe take profit at 8350 or 8450.

Give me a like, let me know what you think and give me a follow!

코멘트

⋅ 2018년 3월 17일 오전 8시 8분

NB: if we fall out of the triangle, the trade would be void.

코멘트

⋅ 2018년 3월 17일 오전 8시 55분

Success!

코멘트

EatCrypto

⋅ 2018년 3월 17일 오전 8시 11분

if you draw it using the candle closes, you get a descending triangle

jg94

⋅ 2018년 3월 17일 오전 8시 52분

@EatCrypto, not convinced, and plus, the triangle just broke out.

EatCrypto

⋅ 2018년 3월 17일 오전 9시 20분

@jg94, i don't think it will break 8400. Volume fizzled out and there's EMA 50 just above. We might end up with a doji. too early to call it anyway.