as i am a new trader , i was reading about chart patterns yesterday.i read about triangle pattern.i learned that triangle is usually a continuation pattern.then i checked bitcoin chart and watched 2017 rally until now and this is what i found.as you see we had a uptrend move from 700 area to 20k area and after that we had a downtrend that made a triangle.few days ago triangle has been broken and we can estimate the price target after breakout( size of the triangle from top to bottom).
nobody knows what will happen but this is a typical triangle pattern.
best wishes
nobody knows what will happen but this is a typical triangle pattern.
best wishes