Ascending Triangle Pattern on the 1D chart?
There is a possible Ascending Triangle forming on the 1D chart.
We just saw a dip to 18.900 probably due to the CPI news, but it dit recover fast. This dip looks like a fake-out, out of the Ascending Triangle.
We will need to see how the price will be developing in the coming days/weeks. If this triangle plays out, it could push the price up to the 25K.
We just saw a dip to 18.900 probably due to the CPI news, but it dit recover fast. This dip looks like a fake-out, out of the Ascending Triangle.
We will need to see how the price will be developing in the coming days/weeks. If this triangle plays out, it could push the price up to the 25K.
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.