Cryptolover333

BTC in an ascending triangle

COINBASE:BTCUSD   Bitcoin
It looks that we are creating an ascending triangle we could break this at any time from now or up to a few days time, we could break this up and hit the blue doted line and start forming an ascending channel if we don't manage to hit the target, that is a 26% move, but we could also break this down, ascending triangles tend to break more often to the upside rather than to the downside as a continuation but this one is coming from the top also in bear markets anything can happen, so I can expect anything here, please check rise in volume when we break this to avoid fake outs.

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.