Bitcoin - How to Trade Support and Resistance
Updated
The symmetrical triangle patterns are characterized by both rising support trend line and a falling resistance trend line . This pattern indicates a period of congestion as price ranges within a tight sloping support and resistance lines and indicates an imminent breakout. The future direction of the breakout can only be determined after the break has occurred. The breakout should occur with an expansion in volume , especially on upside breakouts.
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Trade closed: target reached
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