ScotianBot

Ascending Triangle for Bitcoin??

COINBASE:BTCUSD   Bitcoin
After breaking out from a crude bullish flag or what could have been considered a descending triangle linked to this post, BTC has consolidated into an Ascending Triangle drawn in light blue.

On the RSI there is a similar pattern as the price action, notice the series of higher lows along with the blue upward sloping support of the Ascending Triangle.

On the KST there's been a breakout of potentially a bullish flag pattern on a macro level, on a micro time frame there's been a bearish cross displaying the red line crossing over downward of the green line.
Penafian

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