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Bitcoin
Long
Updated

(Bullish) ASCENDING TRIANGLE on Bitcoin 15 Minute chart.

114
BTCUSD

The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. The pattern completes itself when price breaks out of the triangle in the direction of the overall trend.

Trade closed manually
Went against the trend and broke down.
tradepsych
15minchartAscending TriangleBitcoin (Cryptocurrency)breakoutsignalBTCBullish PatternsbullishcontinuationChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
15minchartAscending TriangleBitcoin (Cryptocurrency)breakoutsignalBTCBullish PatternsbullishcontinuationChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis
tradepsych

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.