Get started
Bitcoin

Large Ascending Triangle for BTC??

By acesquid
Updated
Spotted a large ascending triangle which is a bullish indicator. Will this play out? Unless we get a pattern confirmation and break of the top line of the triangle, I am still looking for more downtrending to occur.
Note
4 hr closed outside of triangle. I would consider this pattern negated. More downside ahead!
BTCUSDChart Patterns
acesquid

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.