Hallo Crypto Family,
everyone is talking about the triangle since January, Last night I was trying to come up with a new TA and drew all the lines from scratch. If you look exactly you can see that we broke the triangle in July. I believe we have left the triangle which started in January (in black) and after the pump, in July we have built a new descending triangle (in Violet).
One of the historical uptrend lines with 2 touches in March and July 2017 (in green) is just below the current price action. by using this line as our stop-loss, I feel convenient to ladder in an buy some BTC.
On MACD we have a bullish Cross, and on V-RSI you can see that RSI is over EMA 21.
everyone is talking about the triangle since January, Last night I was trying to come up with a new TA and drew all the lines from scratch. If you look exactly you can see that we broke the triangle in July. I believe we have left the triangle which started in January (in black) and after the pump, in July we have built a new descending triangle (in Violet).
One of the historical uptrend lines with 2 touches in March and July 2017 (in green) is just below the current price action. by using this line as our stop-loss, I feel convenient to ladder in an buy some BTC.
On MACD we have a bullish Cross, and on V-RSI you can see that RSI is over EMA 21.
