BTC short-termto $8k or $9k? Symmetrical Triangle

26 มี.ค. 2018

BTC has formed a symmetrical triangle on the 4 hour chart. If we break this and downtrend, we will test the lower trend line at 8k.

However, the lower line of the triangle seems to be holding. If this holds, we should see a bounce back to 9k.

26 มี.ค. 2018

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

The symmetrical triangle was broken and BTC tested the lower trend line at 8k as predicted.

MACD looking bearish. If the lower trend line is broken, then next support is at $7736. With the indication that we see, there is a high possibility that this can happen.