BudShillington

Quant - Huge Descending Triangle

Long
BITTREX:QNTBTC   Quant / Bitcoin
142 views
2
$QNT - watch for the breakout soon. You know the deal, huge descending triangles mean a breakout is soon. Be patient here, set bids in the box!

Comments

A descending triangle is a flat line of resistance on the top with lower lows making the bottom part of the triangle. This is not a descending triangle. Descending triangles do not often break to the upside.
A falling wedge pattern is what you are intending to show. They do often break out bullishly to the upside.
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