TradingView
thekevin
Jul 19, 2018 11:21 PM

BTC Ascending Triangle 

Bitcoin / U.S. dollarBitstamp

Description

Looks like an ascending triangle. This is a bullish pattern. However, when we were still finding our recent lows 3 ascending triangles broke down in a row! So, they haven't always turned out bullish. I'm not completely sure about this one because I haven't seen any of them taken this close to the end of the trendlines before. A break should be very soon. Look for an hourly close above or below!
More