LiuTrader

BitTorrent (BTTBTC) perfect symmetrical triangle pattern.

Long
LiuTrader Updated   
BINANCE:BTTBTC   None
BINANCE:BTTBTC
BTTBTC
BITTREX:BTTBTC

BTTBTC formed a perfect symmetrical triangle that according to statistics has ~75% chance of breaking up.

The perfect entry is indicated in the graph and occurs after the breaking of the previous top accompanied by increasing volume.

However, there is also the possibility of entering the operation within the triangle with a stop-loss close to the previous bottom, but it is much more risky.


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Comment:
Price moved perfectly within the triangle until the end of the pattern.

Have no breakout, so, canceled trade.
Order cancelled
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