Hey Guys,
The price already touched the support line 3 times in this pattern. It's likely to break up the resistance in just a few days and the bull market will be back again!
Cheers,
Hey Guys, the idea of triangle pattern still strong!
In this case scenario - green triangle, we should see the price achieve the bottom between Feb 2nd - Feb 16th with a bottom range between $8700-$7700. The price will be bouncing inside the pattern until breaks up the resistance.
The decreasing of Volume is also a good indicator of the pattern!
Cheers! Have...
I can see two triangles on the chart.
Case 1 green triangle :
More likely. In this case scenario, we should see the price achieve the bottom between Feb 2nd - Feb 26th with a bottom range between $8700-$7700.
Case 2 yellow triangle:
I considered this case because I can see what can be a possible double bottom around 10k.
To confirm this case we should see the...
I can see two triangles on the chart.
Case 1 green triangle :
More likely. In this case scenario, we should see the price achieve the bottom between Feb 2nd - Feb 26th with a bottom range between $8700-$7700.
Case 2 yellow triangle:
I considered this case because I can see what can be a possible double bottom around 10k.
To confirm this case we should see the...