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RickyParker
Aug 10, 2020 5:16 AM

Descending triangle go down btc Short

Bitcoin / U.S. dollarBitstamp

Description

Descending triangle go down BTC
Comments
kylerhaged
This is not a descending triangle,they are drawn with one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.

This is a rising edge because it has a series of higher highs and higher lows, while be contracted between to converging trend lines with an upward slope.

Still a bearish pattern just helps to know which one your looking at.
jaked3800
This seems like a reach to me, chipping through a ton of full candles on both ends
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