BTC Ascending Triangle Play
The current PA on BTC is forming a Ascending Triangle, a predominantly bullish pattern, no matter where it is formed (meaning top or bottom).
While I do recognize PA is sitting at the top of a huge move, the current data suggest we may have more upside in store, eyeing the Monthly level for resistance.
The screenshot in the top left corner shows a Bullish CVD Divergences forming on the on the H1 chart, adding more confluence to the Ascending Triangle play.
Trade at your own risk! Not financial advise! Good luck to all and drink more water!
While I do recognize PA is sitting at the top of a huge move, the current data suggest we may have more upside in store, eyeing the Monthly level for resistance.
The screenshot in the top left corner shows a Bullish CVD Divergences forming on the on the H1 chart, adding more confluence to the Ascending Triangle play.
Trade at your own risk! Not financial advise! Good luck to all and drink more water!
Yorum:
Invalidated!