Hey, I'm pretty fresh to trading and I have seen a fair amount of people publish or talk about an Ascending triangle(B) and ETH breaking out.
I had thought it looked like a rising wedge(A) with a consistent middle sup/res, so the market was moving "normally" with a possible breakdown at the end.
Is there something I'm missing or a reason why the Ascending triangle was considered so significant?
Appreciate any clarification or teachings I get and maybe it helps someone else too.
Hopefully, ok with me posting like this. wanted to ask in public chat but there's that rep entry.
I had thought it looked like a rising wedge(A) with a consistent middle sup/res, so the market was moving "normally" with a possible breakdown at the end.
Is there something I'm missing or a reason why the Ascending triangle was considered so significant?
Appreciate any clarification or teachings I get and maybe it helps someone else too.
Hopefully, ok with me posting like this. wanted to ask in public chat but there's that rep entry.