#BTC / #USD Ascending Triangle Scenario
Updated
Possible bullish formation on higher time frame which would signal a bit of sideways.
This coincides with many alts looking to solidify an uptrend on higher time frames for btc and usd pairings.
Similar target to previous post with an updated buy zone.
Not financial advice. Entertainment and education, only.
This coincides with many alts looking to solidify an uptrend on higher time frames for btc and usd pairings.
Similar target to previous post with an updated buy zone.
Not financial advice. Entertainment and education, only.
Note
approaching buy zoneNote
In case this turns out to be a flag-like structure, bids below the buy zone in the 8800 range might be a good ideaTrade active
Note
Pennant structure is not holding, but neo is respecting the kijun. Will update the buy zone to reflect my recent comments on optimal entry being when btc approaches 9k.
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