UnknownUnicorn3629102

Ascending Triangle on the 4 hour chart

Long
COINBASE:BTCUSD   Bitcoin
BTCUSD showing bullish signs/a reversal pattern after a prolonged downtrend. This bullish chart pattern, also known as the Ascending Triangle, has two trend lines representing the support and resistance. If 6750 is breached, wait for confirmation and go long.
Comment:

RSI and MACD look very good at the moment. Expecting the bulls to push through!
Trade closed: stop reached
Comment:
Bullish pattern failed and produced extremely powerful and quick bearish moves.
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