BTC/USD is on the middle of forming a complete descending triangle formation, as a corrective move after a big bullish jump. Looking for a breakout, a retest and then a further bullish move.
Keep in mind, that the price could just keep on moving horizontally, if the descending pattern doesn't fully form.
Good luck with your trading!
Keep in mind, that the price could just keep on moving horizontally, if the descending pattern doesn't fully form.
Good luck with your trading!
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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.
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.