Ascending triangle for BITCOIN on monthly chart: Breakout or no?
Ascending triangle for BITCOIN on monthly chart: Breakout now or late in 2020?
Let's wait and in couple of months we should have the answer. Normally, we see 3 touches of the descending trendline before a breakout.
This one is just the second relevant one.
So before jumping in, let's wait and see if we will have a strong breakout upwards. There are also risks to see a breakdown. So Folks, keep calm
and wait.
Thank you,
Simone
Let's wait and in couple of months we should have the answer. Normally, we see 3 touches of the descending trendline before a breakout.
This one is just the second relevant one.
So before jumping in, let's wait and see if we will have a strong breakout upwards. There are also risks to see a breakdown. So Folks, keep calm
and wait.
Thank you,
Simone