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HODLBro
Jan 10, 2018 5:13 PM

BTC USD Update - Could fall lower if we fall to LT restraints 

Bitcoin / U.S. dollarBitstamp

Description

A progression on my previous overview - based on basic analysis on restraints, but a warn against a possible bull trap as the triangle reverts to the previous rate of decline....

If it breaks out or we see an inverted double triangle forming at or higher than the previous low prior to the breakout, strong possibility for bulls to gain the upper hand..

Opinion not advice - will respond to comments where I can.
Comments
robertjulius
We seem to have broken out of this one as well Bro
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