thekevin

BTC Ascending Triangle

BITSTAMP:BTCUSD   Bitcoin
Looks like an ascending triangle. This is a bullish pattern. However, when we were still finding our recent lows 3 ascending triangles broke down in a row! So, they haven't always turned out bullish. I'm not completely sure about this one because I haven't seen any of them taken this close to the end of the trendlines before. A break should be very soon. Look for an hourly close above or below!
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