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BTC: Potential Symmetrical Triangle Breakout Pattern

업데이트됨

Hi friends!

Recently I discovered a classic trading pattern on the BTC 4H chart: Bullish Symmetrical Triangle.

The Symmetrical Triangle is a continuation chart pattern - usually, the price breaks out from the upper trend line in the direction of the prior trend.

Everything's on the chart:
- Beautiful Triangle: we can see how it is formed in an ongoing uptrend
- The price is consolidating between Descending upper trendline and Ascending lower trendline
- RSI is neutral, with a chance of Bullish Divergence
- Volume is decreasing

Let's see how this pattern may play out this week!

Please hit the LIKE button and share your thoughts - would you bet on it?!

액티브 트레이드

Well, the small short had successfully played out! Long will be the next!

액티브 트레이드

Hah, the triangle turns into Bull Flag, but it's still a bullish pattern!

주문취소됨