$BTCUSDT 4 hours chart - In an ascending triangle
$BTCUSDT 4 hours chart - In an ascending triangle
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop loss level.
BITCOIN Scoring
Overall Score: 73.8%
Open communication channels: 100%
Product strength: 90%
Coin strength: 72%
Brand awareness/Buzz: 0%
Activity on social media: 5%
Quick Research
Purpose: Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: No new tokens created
TXN'p/s: 7
Abstract:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Investment data
Listed on 0 exchanges
CoinMarketCap Rank: 1
Market Cap: $169 B
24H Volume: $29 B
Coin Age: 78 months
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop loss level.
BITCOIN Scoring
Overall Score: 73.8%
Open communication channels: 100%
Product strength: 90%
Coin strength: 72%
Brand awareness/Buzz: 0%
Activity on social media: 5%
Quick Research
Purpose: Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: No new tokens created
TXN'p/s: 7
Abstract:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Investment data
Listed on 0 exchanges
CoinMarketCap Rank: 1
Market Cap: $169 B
24H Volume: $29 B
Coin Age: 78 months
액티브 트레이드:
So we choose to go high
액티브 트레이드:
Back inside the ascending triangle and it may drop further
액티브 트레이드:
$BTCUSDT - I see something like this in play
액티브 트레이드:
almost there
