BCH - Ascending triangle and RSI bounce

16 Nov 2020

if the RSI bounce that just happened stays above the circle chances are we start the continuation in the ascending triangle. I have two targets for myself here. 1st is new the top of the triangle. The second is the ascending triangle breakout target, should it break to the upside.

1 Jan 2021

Trade aktif

Targets intact and respecting the pattern thus far

4 Jan 2021

Trade aktif

First Target hit - let's see how btc behaves for target 2

4 Jan 2021

Catatan

If you wanted to buy back for target 2 - It looks like it could be around 385 as a retest of support. if it finds support and holds - it could be a good re-entry

26 Jan 2021

Catatan

Sitting at a support as we speak - it dropping below 404ish would be pretty bad for this structure. if it does drop, we'll want to see it bounce at the $260 range

10 Feb 2021

Catatan

Trending up still and on the upper half of the Bollinger Bands - as long as BTC doesn't have some massive correction Target 2 should hit in the next week or two.