SaadBarazi

SaadBarazi

- An ascending Triangle is formed . - Its worth mentioning that according to Bulkowski’s study on patterns , Ascending Triangles upward breakouts occur 77% of the time . - Breakout to the upside opens the door to 38$ as per the measuring rule of patterns in Technical Analysis. - Breakout to the downside and we face the support zone from the previous trend line ....

SaadBarazi

- Bitcoin has been consolidating in a side range since May . - A rectangle Pattern was formed . - A breakout of this Pattern gives us a Short opportunity towards the next Support. - I confirm the breakout with : 1-Daily Close below the Rectangle Pattern . 2-Price below the 200 EMA . If the Breakout happens , I would short with : -Stop Loss above the breakout...