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TheNewsCrypto
29 nov 2022 16:19

BTC "Ascending Triangle" Breakout 

Bitcoin / TetherUSBinance

Beskrivning

BTC "Ascending Triangle" Breakout

The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trend line that connects the highs and the lower trend line that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.

Currently, Bitcoin is in the range of $16370. If the pattern continues, the price of HT might reach the resistance levels of $17600 . If the trend reverses, then the price of HT may fall to $15500

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Breakout done

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Bitcoin is on Fire

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17100+

Trade stängt: målet nått

Kommentarer
Lekis
Looks great!
TheNewsCrypto
@Lekis cheers
anyalove
Olalala, great analysis. thanks ❤️
TheNewsCrypto
@anyalove welcome
ProjectSyndicate
nice work, also expecting a dump soon. after a fake pump. business as usual.
TheNewsCrypto
Solldy
There's a pretty strong trend in assets right now, so I think you'll be right, and the idea will work out. But I'm worried that maybe we just haven't considered all the factors. What do you think about that?
TheNewsCrypto
@Solldy agreed
AjnoudaSikret
Look at the bigger picture
TheNewsCrypto
Mer