Symmetrical Triangle Continuation of Recent Bullish Reversal

17 thg 11, 2017

Bitcoin Cash is consolidating in a nice little symmetrical triangle. It appears to have started a recent intermediate uptrend around 18:00 on 11/16. This triangle may breakout and continue the uptrend.

RSI seems to be stable at the 50 support line.

17 thg 11, 2017

Ghi chú

Breakout of triangle has occurred. HOWEVER-this high was NOT higher than the previous high. Waiting for a higher high for a stronger confirmation of the bull trend