BitcoinShort
triangles 4 ever
We broke down ascending triangle which happens sometimes. Maximum down target according to Bulkowski`s measure rule for ascending triangles down breakout in bull market is 360$ [ B-((H-L)*68%) ] but we can hard bounce off previous triangle arm especially around 400$ which is strong psych barrier. If we go back to triangle within days the above is just cancelled. Happy tarding
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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.