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fzero93

Symmetrical Triangle Continuation of Recent Bullish Reversal

Short
fzero93 Updated   
BITTREX:BCCBTC   None
Trend Analysis Chart Patterns bitcoincash BCC BCH
3
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trendanalysis chartpattern bitcoincash bcc bch
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.
Comment:
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
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