This formation could also be called an expanding triangle according to Peter L Brandt.
First trendline touched. Until the price exits this formation we don't know where Bitcoin is headed.
Exercise patience as the price action develops.
First trendline touched. Until the price exits this formation we don't know where Bitcoin is headed.
Exercise patience as the price action develops.
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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.