BTCUSD (8h): Rising triangle. Fast chart for in-between ;-)

19 Nis 2019

Rising triangle (trend following pattern) ... More Up possible.

Rest on the chart.

The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.


Let's see what happens. Happy trading. :-)

20 Nis 2019

Not

break out of the the triangle.

21 Nis 2019

Not

symmetrical triangle pattern possible too. the expecting support points shown at the chart.

22 Nis 2019

Not

close up of the current situation. because btc remains at the resistance for a while, this shows us strength and consolidation.

23 Nis 2019

Not

be watchful. we are coming to the first strong resistance and selling zone.

23 Nis 2019

Not

resistance reached ...

24 Nis 2019

Not

be careful. correction will come. max. 5800.