Want Alts? Make sure the triangle breaks to the upside.
Look for retest both up and downstairs. Follow the MA
Note
Retest: See Above {May 29-30}
Result: Bullish Bounce {as predicted}
Lets see what happens when we hit the rooftop.........
Note
Currently undecided at the middle point of the triangle..... trending more towards upside looking at the number of repeated touches to the UP
Note
This industry loves the FAKEOUT.... Wait for higher time frame confirmations before clearing out. See pattern trending back into triangle for breakout! We are still going to the party, just showing up late.
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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.