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RE: FREE TECHNICAL ANALYSIS OF CRYPTOS!! By a 15+ Year Veteran of Elliott Wave Counting & Chart Pattern Recognition!!

in #bitcoin • 8 years ago

hey haejin BTC just went to 7450... does this invalidate the triangle pattern from earlier? doesnt a breakout prove a bullish trend??

8 years ago in #bitcoin by
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     8 years ago  

    Triangles often morph into different, larger patterns. For example, this triangle might just be the beginning of an ascending parallel channel to complete b wave at $7578.

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     8 years ago  

    Hit the nail right on the head!