Bitcoin (BTC)- Bullrun Setup. Triangleception

in bitcoin •  7 years ago  (edited)

BTC price is fluctuating within an ascending triangle that is within a symmetrical triangle which is within a massive falling wedge!
Trinagleception.png
The ascending triangle is very close to the top of both symmetrical triangle and the falling wedge, which means that if we see a breakout of the ascending triangle it is very likely that price will also breakout out of symmetrical triangle and falling wedge formations!! Another supporting fact is that I noticed that right now as BTC surges ALTs actually tumble! This means that money start to flow from alts back in BTC providing further support for a bull-run.
Ascending triangle within triangle.png

As a counterargument, there seems to be a lack of volume and in addition Elliot's waves aren't complete.

In conclusion keep close look at this small ascending triangle formation and set stop losses.

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Bien muy buen post

This one will be big when it happens. Nice graphing

Thank you very much, I appreciate the feedback)

Lets all hope

Screenshot_20180126-224417.png

Lets pray and hope that Satoshi is religious)

Fingers crossed