4 Hour Chart Set up - Ascending Triangle We can see ALPHAUSDT has formed a nice Ascending Triangle Formation, and price is starting to get very tight. We have had a deviation breakout from this ascending triangle, price more often then not will not deviate from a breakout twice. Price has found support, on the 0.618% Fib along with some Daily Order Blocks. Any trades placed from here, stop losses should be below the 4 hour pin bar @ $1.65 We are targeting the upper order block resistances, and the Ascending triangle target. This trade is offering us a 4 to 1 risk reward ratio, and bulls have the upperhand.
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