Bitcoin triangle within a triangle

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

GerardWalker

Price action is mirroring 2018 6k floor it seems as Bitcoin continues to move like a stablecoin

Therefore we can only assume price to be morphing a triangle flat for wave b of B

Expecting resolution of this triangle with subsequent move downwards until Late April- Early May

Possibly with some negative catalyst to fuel the decline

Stay safe bro’s

You might be interested in …

Trading View April 27, 2022

ADAUSDT | Leading Diagonal Wave – Falling Wedge Trade Setup

ADAUSDT | Leading Diagonal Wave – Falling Wedge Trade Setup Cardano / TetherUS BINANCE:ADAUSDT dukeposh Price action and chart pattern trading setup > Expanded Leading Diagonal with falling wedge reversal pattern > Entry @ falling […]

Trading View May 18, 2022

My First Trading Patterns AVAXUSDT

My First Trading Patterns AVAXUSDT Avalanche / Tether KUCOIN:AVAXUSDT Drippy99 Some info about me. I’m 16 and started to trade over the past 6 months. Still quite a newbie to this field. I normally do […]

Trading View April 11, 2022

Btc | EW | A bearish scenario |

BTC | EW | A bearish scenario | Bitcoin all time history index INDEX:BTCUSD RagNar87ro We are about to finish this first wave of this bearish scenario arround 40k , after this we should have […]