DNT/BTC Bullish Ascending Triangle

in cryptocurrency •  7 years ago  (edited)

Welcome to my very first Steemit post!

Here is a short term prediction for District0x/Bitcoin.
I'm seeing the start of a bullish ascending triangle with a predicted price target of around 3750 sats, a 40%+ gain from breakout level.
MACD is converging and RSI is in the lower levels, signalling a reversal and completion of the C wave. I would recommend laddering in buys after completion of the D wave.

Please share any thoughts, comments and suggestions!

If my drawings make you money, consider buying me a beer!
BTC: 1MADCUNTXBehPrCfvBSEGQNedv67691SdJ
LTC: LeMaDcUnt8mZAUmLk36pzWtirGBhj1Yqy2
ETH: 0x2Caf3Bd38C2Ed142e4730b83f818AEc4E979FCcc

~Not financial advice, trade at your own risk~

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!