Ascending Triangle formation BTC
BTC could be bottoming out of a huge ascending triangle formation on the MONTHLY time chart.
This could be a good place too long with stop loss catching the bottom of the trend before the market price continues the pattern formation and makes way back to the top of the triangle with possible further gains of a bullish breakout.
This would also confirm a likely third wave up to the 3rd higher high on a monthly chart for this cycle.
Please remember trading is speculation and always DYOR, never blindly follow anyone into trades.
This could be a good place too long with stop loss catching the bottom of the trend before the market price continues the pattern formation and makes way back to the top of the triangle with possible further gains of a bullish breakout.
This would also confirm a likely third wave up to the 3rd higher high on a monthly chart for this cycle.
Please remember trading is speculation and always DYOR, never blindly follow anyone into trades.
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