The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trend line that connects the highs and the lower trend line that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, Bitcoin is in the range of $16370. If the pattern continues, the price of HT might reach the resistance levels of $17600 . If the trend reverses, then the price of HT may fall to $15500
There's a pretty strong trend in assets right now, so I think you'll be right, and the idea will work out. But I'm worried that maybe we just haven't considered all the factors. What do you think about that?