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BTC gets squeezed in an ascending triangle before breaking out

Hi all,
I'll keep it short this time, if you've got any questions feel free to ask, but I think the charts and the bit of description speaks for it's self. I have no idea in which way BTC wil break out of the triangle. Most of the times an ascending triangle emerge and break out upwards when were in an uptrend... as you can see BTC is not. Also I've spotted some divergence. It's up to you to make your own opinion :)
The only advice I can give you is to watch te resistance and support lines carefully and only act when one of these lines got broken for 1,5 days.
Good luck trading :)
Best wishes,
Maddie
I'll keep it short this time, if you've got any questions feel free to ask, but I think the charts and the bit of description speaks for it's self. I have no idea in which way BTC wil break out of the triangle. Most of the times an ascending triangle emerge and break out upwards when were in an uptrend... as you can see BTC is not. Also I've spotted some divergence. It's up to you to make your own opinion :)
The only advice I can give you is to watch te resistance and support lines carefully and only act when one of these lines got broken for 1,5 days.
Good luck trading :)
Best wishes,
Maddie
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.