Ascending triangle for BITCOIN on monthly chart: Breakout now or late in 2020?
Let's wait and in couple of months we should have the answer. Normally, we see 3 touches of the descending trendline before a breakout.
This one is just the second relevant one.
So before jumping in, let's wait and see if we will have a strong breakout upwards. There are also risks to see a breakdown. So Folks, keep calm
and wait.
Thank you,
Simone
Let's wait and in couple of months we should have the answer. Normally, we see 3 touches of the descending trendline before a breakout.
This one is just the second relevant one.
So before jumping in, let's wait and see if we will have a strong breakout upwards. There are also risks to see a breakdown. So Folks, keep calm
and wait.
Thank you,
Simone
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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.