The_Chart_Whisperer

Bitcoin - Symmetrical Triangle on 15 min Chart

BITSTAMP:BTCUSD   Bitcoin
Hello All, Please hit the like button and add a comment if you have time. I just want to start a discussion and see what people think. This is just for educational purposes and not meant to be trading advice. Please trade with caution. What an exciting day in the bitcoin world. We moved over 1150 points in less than 24 hours. WOW! We tested $9000 twice and failed both times. I think the community including myself has been and is still excepting some kind of pull back but with all the speculation around the halving event it may just drive prices up higher. Right now i am watching a symmetrical triangle that has formed on the 15 minute chart. When it breaks it will give us clues into which direction we are heading. Some overhead resistance at $9000 and $9400 areas. Bulls beat the crap out of da bears today. Fun stuff, Cheers! Happy Trading
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