Bitcoin & Etherium: Weekly Symmetrical Triangle
Recognizable and sufficiently large figures begin to form on the main cryptocurrencies, BTC, ETH, BNB, SOL
For a trend reversal (or continuation) it is necessary that a clear figure on the weekly chart is confirmed.
A symmetrical triangle can be either an inversion or a continuation.
An inversion triangle must have 5 points of contact, for now we are at 4, if there will be a retest at 36,000 and holds, we can start thinking about an inversion, if it does not hold it is possible it will be continuation, without retest at 36,000 it is not a triangle.
Etherium is very similar
Solana Wedge
BNB Double Bottom
For a trend reversal (or continuation) it is necessary that a clear figure on the weekly chart is confirmed.
A symmetrical triangle can be either an inversion or a continuation.
An inversion triangle must have 5 points of contact, for now we are at 4, if there will be a retest at 36,000 and holds, we can start thinking about an inversion, if it does not hold it is possible it will be continuation, without retest at 36,000 it is not a triangle.
Etherium is very similar
Solana Wedge
BNB Double Bottom
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