BitcoinUpdated Bitcoin - Ascending Triangle
A clear ascending triangle is forming on the 4h chart (bullish sign).
Price action should be carefully watched from now to December 17th (end of the triangle) to see if a break to the upside is happening.
Price action should be carefully watched from now to December 17th (end of the triangle) to see if a break to the upside is happening.
Trade closed: target reached
Update: Price action has broken the ascending triangle's resistance as anticipated, and continues its upward momentum.Note
Update: Price action has broken the ascending triangle's resistance as anticipated, and continues its upward momentum.
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.
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.