RISING TRIANGLE BTC

12. Sept. 2019

We waited for Price to retrace to the 0.382 before considering any further upside movement. Price had a consolidation pattern with rising support and a flat resistance level- rising triangle. This uggests more upside movement. 0.618 at $10,5020 is the next area we need to get above and hold. The triangle should flip as support and a bounce up should occur.

Remember just my opinion.

12. Sept. 2019

Anmerkung

Price pushed slightly above the triangle and is now back testing as support. We should look for a bounce to the upside while remaining cautious due to lower positive momentum showing now on the 1H timeframe with MACD. One final push closer to the $10,500 level is possible before coming down.

13. Sept. 2019

Anmerkung

Bitcoin is testing $10,400 support for a second time. The chance of a swing failure pattern becomes more probable each time the support level is tested.

13. Sept. 2019

Anmerkung

BTC testing the the triangle as support a 3rd time at 10.4 area! last chance to make a bounce up! Next support is 10.2k

13. Sept. 2019

Anmerkung

The 15 minute chart is printing a bull flag/wedge. It seems more likely we have a move to 10.5

Not financial advice!