engelandertje

FUN/BTC - Updated consolidation triangle

BITTREX:FUNBTC   FunFair / Bitcoin
The triangle in my last idea was broken, which has proven that the consolidation might continue today as the Flag or Triangle has to be extended (please see graph). I also included the regression trend. Before the last outbreak, we touched the bottom of the lower deviation line. This is something that we might need to expect to see again. This means that if the triangle will be broken without outbreak; we might see the bullish outbreak happening from a lower point later.

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*You are the decision maker in your trading, I cannot be held responsible for your losses

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