BTC 15 min time frame ascending triangle Long

Bitcoin / United States DollarCoinbase

Description

⋅ Feb 13, 2018 6:24 PM

looks like a small ascending triangle might help escalate BTC upwards after an initial downfall. it could also be interpreted as triple top.

Thoughts?

Comment

⋅ Feb 13, 2018 7:09 PM

BTC touched bottom of the ascending channel and bounced! may retest top again but likely to blow through it.

Comment

⋅ Feb 13, 2018 8:36 PM

breakout above the ascending triangle confirmed. forwards movement towards next resistance line

Trend Analysis

Comments

nmgon

⋅ Feb 13, 2018 7:20 PM

shound it be a bear signal?

Deabers

⋅ Feb 13, 2018 7:23 PM

@nmgon, ascending triangle bullish, ascending wedge bearish. because the tops form a horizontal and keep retesting the same resistance it is more likely for a breakout upwards rather than downwards.