BitcoinLong
Ascending Triangle in Play
Another bullish pattern in play at the moment for BTC. Looks to be a good long entry position here at the top of the ascending triangle. I would watch closely as each trough from the downtrend proves as resistance. One of the most notable resistance to my analysis would be $4000-4400. I would not say for certain this is the end of the bear market but there are good signs of a complete reversal right now.
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.