Bitcoin Forum

Bitcoin => Press => Topic started by: Blawpaw on February 11, 2016, 06:30:02 PM



Title: [2016-02-11]Bitcoin Price Watch; Triangle Suggests Upside
Post by: Blawpaw on February 11, 2016, 06:30:02 PM
Bitcoin Price Watch; Triangle Suggests Upside

In yesterday’s bitcoin price analysis, we focused on a head and shoulders pattern (inverse) that was forming on the intraday charts. The pattern suggested that – on completion via the breaking of the neckline – the pattern would give us a target of about $10 north of entry. We did get the break, and entered long as per our strategy. Post-entry, the bitcoin price gained strength, and we ran up towards our target. Unfortunately, before our target struck...

read more (http://www.newsbtc.com/2016/02/11/bitcoin-price-watch-triangle-suggests-upside/)