BTC "Ascending Triangle" Breakout

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BTC "Ascending Triangle" Breakout

The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trend line that connects the highs and the lower trend line that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.

Currently, Bitcoin is in the range of $16370. If the pattern continues, the price of HT might reach the resistance levels of $17600 . If the trend reverses, then the price of HT may fall to $15500

Happy Trading
Transaction en cours
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Note
snapshot

Breakout done
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Bitcoin is on Fire
Transaction en cours
17100+
Trade fermée: cible de profit atteinte
Chart PatternsTrend AnalysisWave Analysis

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