Descending Triangle on BTCUSDT 6 kChart
Applied descending triangle (thepatternsite.com/dt.html) can be in any direction but is upward 53% of the time. The median distance to the breakout is 61% to 65% of the way to the triangle apex (where the trendlines join). It may long to 57000-57200 and downward adjustment to 53000 then breakout through 56339 and hit new high of 63000+
*The above chart references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. This chart contains my opinion only and is not meant to cause harm or defame anyone or any entity.
*The above chart references an opinion and is for information and entertainment purposes only. It is not intended to be investment advice. This chart contains my opinion only and is not meant to cause harm or defame anyone or any entity.
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