TradingView
sushimonster
May 25, 2019 4:34 PM

Bitcoin is in a Ascending Triangle about to Breakout 20%+ Long

Bitcoin / U.S. dollarBitstamp

Description

My interpretation of an ascending triangle on the 4H Bitcoin chart, which has a 70% probability of breaking to the upside. Waiting for 3 indicators to make this happen.
1. Stochastic indicator to reach around 90+, and
2. Volume to spike on the current candle, and
3. CMF to spike.
More