a triangle formation is finished and at the end of it, there is a retest situation by breaking the triangle. When we look at the MACD and DMI indicators, although the buy MACD signal is weak, the DMI indicator makes up for it. If BTC does not go up or down at its current position, the direction is up.
A SYMMETRICAL TRIANGLE TOUCHES DOWN, BUT IF IT GOES UP, IT BREAKS THE TRIANGLE. THE ADX INDICATOR SUPPORTS THE RSI INDICATOR CLOSE TO EACH OTHER BELOW 50, AND THE RESISTORS ARE INDEPENDENT OF THE SUPPORTS OF BTC. BOLINGER'S TAPE IS OPEN. IT'S NOT INVESTMENT ADVICE.
BTC entered the Triangle, there is a positive mismatch from behind in the RSI indicator. The MACD indicator signals a dark buy. If it closes three 2 candles until the triangle ends in this way, our direction is in the upward direction.
if he breaks the three-way formation up and finishes, the direction is up, but if he breaks down and finishes, the direction is down. The RSI indicator gives an al signal below 50. It's not investment advice.
scenario 1: a rising triangle is formed at the intersection of the Blue ray and the red ray. if he closes this place with 2 candles for 4 hours, the direction will be up.
Scenario 2: there is a symmetrical triangle at the intersection of the yellow ray and the White Ray. If he closes 2 candles for 4 hours above the Triangle, the direction is up.
Bollinger Bands...