BTCUSD (8h): Rising triangle. Fast chart for in-between ;-)
Updated
Rising triangle (trend following pattern) ... More Up possible.
Rest on the chart.
The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.
Let's see what happens. Happy trading. :-)
Rest on the chart.
The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.
Let's see what happens. Happy trading. :-)
Note
break out of the the triangle. Note
symmetrical triangle pattern possible too. the expecting support points shown at the chart.Note
close up of the current situation. because btc remains at the resistance for a while, this shows us strength and consolidation.Note
be watchful. we are coming to the first strong resistance and selling zone.Note
resistance reached ...Note
be careful. correction will come. max. 5800.
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BTCINVESTING 😃
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Entrepreneur · Trader · Investor · Crypto since 2014
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BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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