Weekly Descending triange BTCUSD

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys. This is my first time EVER publishing and its a bit late as the action has already happened. However, as you can see, BTCUSD was forming a weekly DESCENDING triangle with tough RESISTANCE at around the 6000 level due to that being a an important level. The price bounced back from this level many times and retested in countless times. This then formed the base of the descending triangle . Once the price pierced through this level, Bitcoin plummeted and all hell broke loose. Why you ask did hell break loose - Its simple, price broke OUT of the DESCENDING triangle and kept plunging. So thanks for reading.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out