Ascending Triangle on BTC Long

Bitcoin / Tether USDPoloniex

Description

⋅ Feb 9, 2018 12:57 AM

We have an ascending triangle on BTC which is a bullish indicator.

The trending resistance and yellow boxes are our resistance and target zones. A break above the red line would be very bullish. If we brake it expect price to test it.

Chart Patterns

Comments

Zsolt28

⋅ Feb 9, 2018 3:48 PM

A similar triangle was forming from before the recent drop.