An ascending triangle occurs when the lower trendline is rising while the upper trendline is horizontal.
This shows that swing lows are rising but the rallies are stopping near the same resistance level.
depending on bitcoin hitting that target of 9425. please do your own TA this is my own analysis dont just blindly follow my guesstimation due to facts like mtgox trustee or any other news can have affects on bitcoin.
This shows that swing lows are rising but the rallies are stopping near the same resistance level.
depending on bitcoin hitting that target of 9425. please do your own TA this is my own analysis dont just blindly follow my guesstimation due to facts like mtgox trustee or any other news can have affects on bitcoin.
Comment:
so far its going as i see wasnt able to sustain 9300-9400 .reaching the end of of the wedge. and we will know for sure if it is going to continue this downtrend or breakout
Comment:
guess its stuck going sideways.