I like these ascending triangle patterns. I believe we will see a small break out to my target of $20650. In turn I plan on shorting from there. Back down to the support at $18600. Over the last few months we see a descending triangle tightening. I believe it will eventually break out shirt and maybe go down to $14000. I don’t know if it will get that low but I do not think we will see it ever go below $14000. Don’t have a solid target in mind if it indeed breaks out short if the decending triangle.
Be kind this is my first idea haha.
Be kind this is my first idea haha.
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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.