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p4917

Next bullish move in DeFi Chain?

Long
p4917 Updated   
BITTREX:DFIUSD   None
Trend Analysis Chart Patterns Triangle bullishpattern bullishtriangle symmetrictriangle symmetric symmetrical Symmetrical Triangle bullishpatterns trendcontinuation
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trendanalysis chartpattern triangle bullishpattern bullishtriangle symmetrictriangle symmetric symmetrical symmetricaltriangle bullishpatterns trendcontinuation
From a purely technical standpoint - this chart pattern is bullish. If you ignore the ugly spike on November 11th, this is a nice symmetric triangle which, as it occurs in a bullish trend, is more likely to get resolved to the upside.
Of course, it all depends on what BTC is doing, but the likelyhood that the trend will continue in the 1st half of next week is a bit higher.
Comment:
Adjusted triangle. So we've got a bit more time left. ;)

snapshot
Comment:
So as you may have seen it didn't work. Now you could draw it more like a bullish wedge pattern and as Bitcoin may rise to the upside, so should also DFI:

snapshot
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