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BTCUSD 1D IS IN A CONTINUATION TRIANGLE PATTERN

Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators trianglebreak ATR breakouttrading tradingstrategyguides BTCUSD Bitcoin (Cryptocurrency) Cryptocurrency
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Follow the highlights listed on the chart
This is a Bank Holiday weekend
Volume & Volatility are dropping
Candle bar size is shrinking reducing ATR
All of this is causing price to consolidate
Price created a continuation triangle chart pattern which has a bullish bias
Price failed to make a bullish breakout close
Wait for a candle close on a triangle trendline breakout either direction
Watch volume to confirm momentum
Commentaire:
Looks like Bullish Continuation breakout trade
snapshot
Commentaire:
Watch retracement for entry or re-entry
snapshot
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