DESCENDING TRIANGLE RADS/BTC - BEARISH OR BULLISH?
*NOT FINANCIAL ADVICE*
On this chart, we have a bullish and bearish scenario. A breakout of the descending triangle, with a MACD crossing up and above the ZERO line, would for me be bullish. If price fails to break out of the pattern, I have the RSI that would confirm my hidden bearish divergence.
This is how trading works, it is a WAITING game - never force a trade. Don't use emotions looking at a chart, draw what you SEE not what you WANT to see.
On this chart, we have a bullish and bearish scenario. A breakout of the descending triangle, with a MACD crossing up and above the ZERO line, would for me be bullish. If price fails to break out of the pattern, I have the RSI that would confirm my hidden bearish divergence.
This is how trading works, it is a WAITING game - never force a trade. Don't use emotions looking at a chart, draw what you SEE not what you WANT to see.
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