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cryptochi1986
5. Okt. 2019 17:05

Are we out of the descending triangle?  Short

Bitcoin / U.S. dollarBitstamp

Beschreibung

Since start of September many crypto analyses were pointing out about the descending triangle in BTC/USD charts. Alot of people believe support line at $9000 was broken by end of September. When looking a enlarged chart I still see BTC/USD is still not out of the descending triangle.

Trade geschlossen: Ziel wurde erreicht

Overall Trend has broken
Kommentare
VincePrince
Thanks for sharing
SkyBottom
Don t focus too much on horizontal lines or triangles. Watch the moving averages. 200 weekly MA will be an important level to watch. Around 4k now.
cryptochi1986
@SkyBottom, thanks, I'm still learning how to interpret moving averages.
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