Bitcoin Technical Analysis: Flawless rising triangles in Bitcoin!

in #bitcoin • 7 years ago

In technical analysis, an ascending triangle is an extremely bullish signal. As you can, Bitcoin is exhibiting this pattern beautifully. 

Ascending (rising) Triangle

Bitcoin


Remember in times of fear and panic, be greedy. Everything will be fine.


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#cryptocurrency #crypto #ethereum #charts
7 years ago in #bitcoin by
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     7 years ago 

    geometry is everything

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       7 years ago 

      Thanks for sharing. Followed!

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         7 years ago 

        New to steemit and now following

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           7 years ago (edited)

          Ummm, bitcoin is far from any rising triangle or wedge pattern! For two days it has closed below the moving average line, with a massive bearish volume, while touching the lower bollinger band. We will see tomorrow if today's bullish candlestick will hold, if it doesn't, you're in for a rocky downhill.
          https://steemit.com/cryptocurrency/@drakos/bitcoin-price-moves-the-bears-are-still-leading

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             7 years ago 

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