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UnknownUnicorn3844238
18 Th03 2020 15:56

Possible bottoming Triangle forming on Bitcoin $BTC 

BITMEX:XBTUSD.P240
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

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Bitcoin has started to form a symmetrical triangle on the 4 hour Heikin Ashi chart. Anticipating a break up for a potential long to 7k

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Closed 6370. Would be potentially interested in longing flipped support.
Trend AnalysisChart PatternsTrianglechartpatternclassicalAscending TriangleSymmetrical Triangle
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UnknownUnicorn3204891
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The RSI is moving up with the price moving sideways = weakness. Commodities like gold silver getting wrecked right now due to fear bitcoin will follow. A similar RSI setup from feb 26 to mar 6
UnknownUnicorn3844238
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@zejayt, I guess not.
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