Finally, we broke out of the triangle!!! we caught the bottom perfectly in the channel!!! also caught the #ETH move as well!!! #BTC - #ETH - gonna hold both 50% sizes for the moon!!!! alright so fresh update, I mentioned a new setup for #BTC yesterday & I said if we broke out of 36k it will be invalid now charted fresh on daily charts & triangle...
uptrend channel holding manual close below channel don't have hard stop we have shitty wicks
we had bearish weekly close & have been rejected at the resistance expecting a retrace to support if hold might complete the ascending triangle if not it is possible that we might form a Double top here as well keeping an eye on this idea will share setup if & when we reach support
Long term accumulation happening for a few years now once we breakout expecting a good move!
waiting on more price action could form an ascending triangle if retraces
just a quick update on the previously posted idea My spot bags have been filled nicely & we have seen good follow from BTC all looks good for now, I am gonna risk a long if we get filled at support Spot bags I still have SL in profit at 31k imo if we touch 30k again we won't stop there
will be looking to buy the dips if we get it, setup valid as long as we don't have any weekly candle close above Resistance 21ema have supported well so far, if we break out from the triangle target will be around 172xx lets see what we get next few weeks
the possible retest is done & now ready to moon the only issue I see is RSI is struggling also on LTF there is another small triangle in the making Once we break RSI 60 level I will be more confident
looks like it will form a triangle, hoping to catch a wick in the green zone SL is wide for now but once PA develops will tighten it
comp looks like it will form an ascending triangle if it does will try to add longs when the price comes to support stop will be manual close below triangle support setup valid as long as resistance holds
waiting for pattern to complete for now ranging inside ascending triangle if breakout shall moon hard
before i start remember this is pure speculation! so I missed my entry on the weekly ascending triangle by 1.5% approx this was/is a solid breakout & I wanted to see more data, my 2$ target is still valid now back to the chart in question, I zoomed out on bitstamp & we clearly have resistance coming up, simple question is will it break or reject? if this...
could be next XRP ascending triangle on weekly, looks like accumulation shall be good in next few months
trading inside an ascending triangle looks ready to break out now