@RafeGibbons , thank you for your feedback. I have very little experience with trading, but it also seems like a nice cup formation from about 16h yesterday until now :-).
RafeGibbons
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@BrettduPreez, Nice spot! Yes, seems to be. I think if it bounces off that trend line below and breaks through above, it will at least go the height of the cup again so around 23k sats
BrettduPreez
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@RafeGibbons, thank you, and yes that was also my suspected first short term target. I have the feeling that its perhaps better if the growth is slower with less volatility. Perhaps gives some more certainty in a graph's future.
RafeGibbons
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Update: I have just received a note that in ascending triangles, wicks are normally discounted. Can anyone confirm?
If so, the higher highs could point towards rising wedge behaviour...