BTC/USD Awaiting A Triangle Break April 11 2018

Price is still inside the triangle just below the Cloud resistance
on H4 timeframe. If we look at the daily chart to the left, we
see a longer term trendline that goes all the way back to Dec 17
and the all time high. It's been tested twice since the top and
if price can reach it again, it will be interesting to see if it can
break it. That would be a technically very significant event which
could mark the end of this bearwave we've seen for several months.
The Monthly pivot point , untested, stands at 8400. If reached
this would also mean a trendline break . But first we need to see
price break the H4 triangle to the upside and climb above the
Weekly pivot point at 7000. To the downside we have the floor
of the triangle, and if broken and taking out of the 6400 low we
might see an acceleration of the sell off and a test of the swing
low at 6000.
Why do you say that the triangle when it breaks goes bullish?
Great TA. I wonder why pivot points are not more used in crypto.
CapMoore SammyNoden
@SammyNoden, Good question.
Nice simple chart pal.
CapMoore Ckeefe420
@Ckeefe420, Good to hear.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出