This is not a triangle just yet, it’s in the process of wanting to create. If this becomes a triangle then comes the fall dip of BTC before the MEGA Bull run. Look at the white circle; see the blue trend, this means candles are to attract like a magnet to move up to blue wave, once candles go beyond the orange triangle trend line, then most likely triangle will evaporate. Now pay close attention to the red/orange wave; realize it had a down fall before the blue wave crossed it meaning triangle would of been in the process by dipping moving downwards.
Nice catch StockRuler!
Nice catch StockRuler!
Note
This is what’s happening. Down for a fall then spike
"You hear the wind, but where does it go?"
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"You hear the wind, but where does it go?"
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.