BTC descending triangle - update
UPDATED from 
Trade still active. Redrew some lines slightly to better align.
Trade still active. Redrew some lines slightly to better align.
交易進行
Even though we dropped below 6k, the trade is still active. Initial guess was a bottom between 6.0k and 6.5k. But remember that a support or resistance level is always a zone in which a reversal or movement can happen.We are seeing a huge candle on the BTC 1h, 2h and 4h charts now, which is a perfect reversal indicator.
Alligning with the start of Q8 (within a week), this would be a perfect timing for closure of the correction triangle as shown in this analysis.
Over the next week I expect movement to high 7k regions (7.5 - 7.9), this leaves us to retest the upper resistance when we enter July!
Fingers crossed guys!
註釋
Q8 = Q3 of course....註釋
And with candle I meant hammer...
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