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

in bitcoin •  7 years ago 

download.png

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.

bitcoin bitcoinforecast cryptocurrency technicalanalysis btcusd
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!