JordonH

Consolidation, Ascending Triangle

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Clean consolidation for bitcoin over the past week/ weekend.

Beautifully setup ascending triangle leading into the week.
Bitcoin and Ethereum consolidating at current price levels in preparation for breaking the triangle later in this week.

Currently very bullish with a price target on breakout near 56k by end of February

Comments

Looks more like a rising wedge to me
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JordonH jonzap
@jonzap, could say that but I don't do wedges in my trading
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