BTCUSD (8h): Rising triangle. Fast chart for in-between ;-)

19 Apr 2019

Rising triangle (trend following pattern) ... More Up possible.

Rest on the chart.

The rising triangle can be seen as good trend-following pattern. If it is confirmed, usually further upward trend movements could be expected.


Let's see what happens. Happy trading. :-)

20 Apr 2019

Nota

break out of the the triangle.

21 Apr 2019

Nota

symmetrical triangle pattern possible too. the expecting support points shown at the chart.

22 Apr 2019

Nota

close up of the current situation. because btc remains at the resistance for a while, this shows us strength and consolidation.

23 Apr 2019

Nota

be watchful. we are coming to the first strong resistance and selling zone.

23 Apr 2019

Nota

resistance reached ...

24 Apr 2019

Nota

be careful. correction will come. max. 5800.