Ascending Triangle Bitcoin
- In 62% of cases, the exit is bullish.
- In 75% of cases, an ascending triangle is a continuation pattern.
- In 75% of cases, the triangle's price objective is reached when the resistance is broken (exit from the ascending triangle).
- In 60% of cases, the price makes a pullback after exit in support on the triangle's resistance line.
- In 25% of cases, the price line indicates false line breaks or false triangle exits.
- In 75% of cases, an ascending triangle is a continuation pattern.
- In 75% of cases, the triangle's price objective is reached when the resistance is broken (exit from the ascending triangle).
- In 60% of cases, the price makes a pullback after exit in support on the triangle's resistance line.
- In 25% of cases, the price line indicates false line breaks or false triangle exits.
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.