BTCUSD (8h): Rising triangle. Fast chart for in-between ;-)

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Rising triangle (trend following pattern) ... More Up possible.

Rest on the chart.

The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.


Let's see what happens. Happy trading. :-)
Nota
break out of the the triangle.

istantanea
Nota
symmetrical triangle pattern possible too. the expecting support points shown at the chart.

istantanea
Nota
close up of the current situation. because btc remains at the resistance for a while, this shows us strength and consolidation.

istantanea
Nota
be watchful. we are coming to the first strong resistance and selling zone.

istantanea
Nota
resistance reached ...

istantanea
Nota
be careful. correction will come. max. 5800.

istantanea
Bitcoin (Cryptocurrency)bitcoinforecastbitcoinusdBTCBTCUSDBTCUSDTTrend Analysis

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