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?!
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?!
Trade ativo:
Well, the small short had successfully played out! Long will be the next!
Trade ativo:
Hah, the triangle turns into Bull Flag, but it's still a bullish pattern!
Ordem cancelada
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💰 Чат для общения t.me/artemnefedovchat
⭐️ ByBit — www.bybit.com/invite?ref=Y06VBY
⭐️ Binance — accounts.binance.com/register?ref=XFSU2MVF