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seba26-77
Nov 9, 2020 6:29 PM

Bitcoin! in Ascending Triangle Pattern Long

Bitcoin / U.S. dollarBitstamp

Description

Hallo traders.
It seems that we are drawing a bullish pattern. Increasing triangle pattern. Within 2 days we should know where the more interest is.
Often a bullish chart pattern, the ascending triangle pattern in an uptrend is not only easy to recognize but is also a slam-dunk as an entry or exit signal. It should be noted that a recognized trend should be in place for the triangle to be considered a continuation pattern. In the above chart, you can see that an uptrend is in place, and the demand line, or lower trendline, is drawn to touch the base of the rising lows. The two highs have formed at the top line. These highs do not have to reach the same price point but should be close to each other.

Comment

Comment

Traders, we finally broke out of the triangle, as I predicted it was not an easy crossing, at the moment it foresees small problems at the height of 17.3k, but with the momentum we can reach the level of about 18.5k .. The rollercoster begins!
have a nice ride!

Comment

Comment

There is a high probability that bitcoin will visit 15.5k en 15k before it moves up

Comment

It looks like we found solid support of $ 16,500
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