BTCUSD Yearly Descending Triangle
Updated
So i have been keeping an eye out for this yearly descending triangle and waiting for the right postion. I see that we have some higher lows formed but i have not been sold on the highs yet if they have played out the full move or not. I feel at this point it made its move up and we will maybe retest again somewhere near the recent high but im looking to get in a short if that happens. Lets keep an eye out for now and see.
If there are any coins or patterns/indicators anyone would like me to check out please let me know! Im still trying to learn all the tools for making the charting pretty for everyone. "Long way togo"
Enjoy your weekend talk with you all soon!
If there are any coins or patterns/indicators anyone would like me to check out please let me know! Im still trying to learn all the tools for making the charting pretty for everyone. "Long way togo"
Enjoy your weekend talk with you all soon!
Note
Also there seems to be approximately 18 touch points in that area of support throughout the last year. Good to keep an eye on major points of support or resistances since they always come into play later.
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