BitcoinLong
ASCENDING TRIANGLE? HIGHER HIGHS LOWER LOWS - TAKE A LOOK!
Updated
As you can see bitcoin is moving in an ascending triangle pattern which would indicate if this is true that we will see a few more dips, and potentially a break through up. Of course this pattern could be completely incorrect because of the 5000 bitcoin sell off for incorrect price in an attempt to manipulate the market, but still it is an interesting pattern, and would possibly confirm we are going up not down.
this isn't meant to be used as advice for trading, but is for education purposes only. Let me know what you think!
this isn't meant to be used as advice for trading, but is for education purposes only. Let me know what you think!
Trade closed: target reached
7520 mark reached, we fell a tiny bit below, but bounced up off of the trend line.should be headed up for a tiny bit, and then back down for a tiny bit, until eventually what should be a break through upwards.
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