TradingView
CryptoTaxAttorney
May 31, 2019 11:42 AM

Ascending Triangle on BTCUSD 4 hr Chart Acting as Price Support Long

Bitcoin / DollarBitfinex

Description

BTC has formed an ascending triangle and the top trend line appears to be acting as support for price.

Comment

Thus far, the triangle has continued to act as support and price has moved above and is hugging the 21 EMA. That said, there is some indecision in where price wants to head.

Stay tuned.
More