SimoneSiesto

Ascending triangle for BITCOIN on monthly chart: Breakout or no?

BITFINEX:BTCUSD   比特幣
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

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