BTC; ascending triangle or retrace into golden pocket?
Bitcoin made a nice impulse up since last analysis and is currently drawing in an ascending triangle (bullish pattern)
Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account.
scenario 1:
break up from ascending triangle
- long on the break up
- target 12845
scenario 2:
break down from ascending triangle
-long the golden pocket zone
- target as indicated on the chart
Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account.
scenario 1:
break up from ascending triangle
- long on the break up
- target 12845
scenario 2:
break down from ascending triangle
-long the golden pocket zone
- target as indicated on the chart
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visit: cryptomarketclass.com
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