TradingView
Anpu
May 2, 2020 3:15 PM

BTCUSD | Ascending Triangle Long

Bitcoin / United States DollarCoinbase

Description

Please support this idea with LIKE if you find it useful.

Price formed an Ascending Triangle. In case there is a breakout of Horizontal Resistance, the pattern will be confirmed and we can initiate a long position.

Also if price takes a correction we can initiate a long position in case there is a confirmed retracement of the Support Trendline

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.
Comments
PolarHusk
nice analysis on bitcoin today, keep it up bro...
Darkside999
Theres a hidden bearish divergence on 1hr dont get rekkt
More