A continuation triangle?

8 de abr.

The price has triangulated its direction and now goes to the test of the upper level, to be valid it must respect some parameters including volumes and time. Here we have everything to have a valid triangle, we just need a breakout with above-average volumes. We are in 3/4 of the time calculated from the first retracement to the hypothetical summit, it has been a while since we have seen these very evident figures on the btcusd chart. I decided to write and publish it because looking around I saw that many are following this pattern, which represents the market's intentions and not the future. Certainly this continuation graphic formation gives us hope, given that the trend is bullish. Perhaps the price could give us another important movement before the retracement on the intermediate which will be the moment in which having liquidity to buy or mediate will make the difference on the final results of the trades, because holding without doing anything is easy, taking the corrections by selling and then buying back lower is difficult, but remains the objective of the majority of traders.