In the times like this where uncertainty, doubt and fear takes the market, smart money comes in and pushes the market up.
After every bull market that we had since the beginning of the BTC we had consolidation phase in the shape of ascending triangle.
After the first bull-run from the breakout we had 1100%, after the second 350% and if we continue that growth BTC should go up 110% after the breakout.
The support line had one small fakeout because of the pandemic but it bounce right back up.
The history has showed us that this is a perfect buying oportunity and i am glad that i have a chance to use it.
What do you think about this support line and ascending triangles?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
After every bull market that we had since the beginning of the BTC we had consolidation phase in the shape of ascending triangle.
After the first bull-run from the breakout we had 1100%, after the second 350% and if we continue that growth BTC should go up 110% after the breakout.
The support line had one small fakeout because of the pandemic but it bounce right back up.
The history has showed us that this is a perfect buying oportunity and i am glad that i have a chance to use it.
What do you think about this support line and ascending triangles?
Feel free to leave a comment.
If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
MP