Short

Updated

BTCUSD: Another Descending Triangle On 1hr Chart

Support: $8,250
Open: $8,150
Target: $7,650 (7.3%)
Stop: $8,350 (-6.14%)
Reward: 2.5

Related idea: Price stuck Between 200 Day MA & EMA

BTCUSD: Price stuck Between 200 Day MA & EMA

Remember what happens when descending triangles breakdown?

BTCUSD: Measuring The Move of the Descending Triangle Breakdown

Order cancelled

Never reached breakdown target, pattern dismissed.

Note

Now transformed into a symmetrical triangle, for now:

BTCUSD: Stuck In A Symmetrical Triangle Ready To Break On 1 Hr

Also on:

Related publications

BTCUSD: Price stuck Between 200 Day MA & EMA

by dragononcrypto

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.

Also on:

Related publications

BTCUSD: Price stuck Between 200 Day MA & EMA

by dragononcrypto

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.