proctrx

BTC 4 hour symmetrical triangle

BITFINEX:BTCUSD   Bitcoin
I've had a symmetrical triangle (not perfectly symmetrical but close enough in my mind) on the 4 hour chart for a while and it keeps holding - numerous touch points indicating a trend even after I first drew it. Its right at the bottom of the channel now and really testing the line but RSI and Stich indicate conditions are oversold so it may just hold. Either way, BTC is going to have to make a break one way or the other soon and it may well be down.

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