An update regarding my prior post.
Yet another ascending triangle. Ascending triangles are often seen as a continuation pattern. I think we are in a brief downtrend (correct), therefore I expect it to breakout to test 45K again. It needs to hold, else I expect a slope downhill to 39k. That said, I think a new rally upwards, is imminent.
Yet another ascending triangle. Ascending triangles are often seen as a continuation pattern. I think we are in a brief downtrend (correct), therefore I expect it to breakout to test 45K again. It needs to hold, else I expect a slope downhill to 39k. That said, I think a new rally upwards, is imminent.
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.
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.