ScotianBot

Massive Ascending Triangle or Bull Flag? New ATH's OR Double TOP

Long
COINBASE:BTCUSD   Bitcoin
In my previous post i talked about #BitcoinForPresident potentially trading in a Bullish Flag or Ascending Triangle, the bull flag ripped to the downside almost immediately after posting, but the ascending triangle on a larger time frame may play out perfectly.

I've extended the green upward sloping trendline that was once a symmetrical triangle / pennant pattern, and adjusted it downward slightly, and a perfect ascending triangle / bullish flag pattern is noticeable.

Linked to this post is where I mentioned the ascending triangle the other day, now that a few days have passed it's more clear on a larger time frame.

Time will tell per usual.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.