RISE or FALL!? part 2: Potential Ascending Triangle Pattern?
Updated
Hello again my fellow crypto nerds!
So until i'm able to UPDATE current Ideas i am just going to post new ideas with Part numbers as a series of analysis.
Please check out PART 1 idea so you all know where i am up to and can follow along!
So with the clear rejection from the 0.236 FIB we are starting to retrace back to the support trend line which is critical point for the BULLS! This will help confirm the potential Ascending Triangle forming in the mist! If we FAIL to hold this support we can be sure bitcoin will fall to test the first Minor support level i have outlined!
I will keep you all updated with a PART 3 in the very near future.
Please like and follow for updates :)
Stay Frosty
Aus-
So until i'm able to UPDATE current Ideas i am just going to post new ideas with Part numbers as a series of analysis.
Please check out PART 1 idea so you all know where i am up to and can follow along!
So with the clear rejection from the 0.236 FIB we are starting to retrace back to the support trend line which is critical point for the BULLS! This will help confirm the potential Ascending Triangle forming in the mist! If we FAIL to hold this support we can be sure bitcoin will fall to test the first Minor support level i have outlined!
I will keep you all updated with a PART 3 in the very near future.
Please like and follow for updates :)
Stay Frosty
Aus-
Note
Please see my analysis serious PART 3 as a continuation from this chart!Follow me to keep up with new material!
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.