BitcoinLong
BTC; ascending triangle or retrace into golden pocket?
Bitcoin made a nice impulse up since last analysis and is currently drawing in an ascending triangle (bullish pattern)
Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account.
scenario 1:
break up from ascending triangle
- long on the break up
- target 12845
scenario 2:
break down from ascending triangle
-long the golden pocket zone
- target as indicated on the chart
Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account.
scenario 1:
break up from ascending triangle
- long on the break up
- target 12845
scenario 2:
break down from ascending triangle
-long the golden pocket zone
- target as indicated on the chart
want to learn trading?
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visit: cryptomarketclass.com
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.
want to learn trading?
visit: cryptomarketclass.com
visit: cryptomarketclass.com
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.