ElonMoonsk

BTS/BTC - Symmetrical triangle

ElonMoonsk Uppdaterad   
BINANCE:BTSBTC   None
- Possible symmetrical triangle forming?
- StochRSI indicates BTS is oversold
- Cup and handle recently formed on daily, indicating upward movement

Symmetrical triangle is a continuation pattern, we will have to wait for a breakout on either side before deciding to move in.
Kommentera:
It really wants to break the upside, but the sell orders around 150 sats are strong.
We need to destroy this sell wall in order to break out properly. I would say a candle close @ 155 sats would confirm a breakout to the upside.
Kommentera:
We broke 150 sats like expected and even hit 158 sats.
I think we can consider this an upward breakout.

Might push towards 165 somewhere the coming evening.

T1: 170 sats
T2: 220 sats
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