BitcoinLong
Btc/Usd ASCENDING TRIANGLE HR4
Here We Can Find An Ascending Triangle In A Downtrend On Btc/Usd.
If It Was Inside Of An Uptrend, I Would Be Fully Bullish No Questions.
So Only With Price Action Will, I Determine The Next Move On this Trade.
As Of Now We Can See That With The Top Of The Triangle Is Forming
Near the 61.8 Retracement So With A Break And Retest Of that level
We Will Expecting It To Go OnUpside.
Just Wait For A Break Out.
If It Was Inside Of An Uptrend, I Would Be Fully Bullish No Questions.
So Only With Price Action Will, I Determine The Next Move On this Trade.
As Of Now We Can See That With The Top Of The Triangle Is Forming
Near the 61.8 Retracement So With A Break And Retest Of that level
We Will Expecting It To Go OnUpside.
Just Wait For A Break Out.
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.