It appears the Bull market may have begun after last weekends low although its very hard to definitively tell. There seems to be a symmetrical triangle forming. Will it break up or down? I'm thinking up. Admittedly I have been very bullish as we've come down to these lows in the last week. I guess that when volume rushes in I don't want to be caught short. I'm...
As the last 24 hours selling didn't take us lower than last weekends bottom it does appear that this last day's downwards movement is part of the overall upwards bull market . (check 4 hour charts to see) As the market realises that it's turned there should be some big runs ahead. Exciting times ahead! I am new to trading and enjoy spotting geometries and...
Bitcoin Symetrical triangle pattern. Possible breakout to the upside?
This is a little experimental analysis speculating on the next move up. This ignores possible sideways action and a whole lot of things Im not experienced enough to take into account. But I think it could mark out a few key points on the way up. Ive drawn over the last few days upward action (bottom red and blue triangles) and cloned them up. As you can see the...
This set of Ascending Triangles are decreasing in size and running out of room to form.
Possible ascending triangle followed by breakout upwards?
I'm new to trading and have been trying learn as much technical analysis over the last few months since getting involved with BTC. This is my first chart post. It looks like a Bitcoin Ascending Triangle (continuation) is forming