THEMISBLOCKCHAIN
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Ascending triangle after a correction

BITSTAMP:BTCUSD   比特幣 / 美元
Ascending triangle often occure
after a correction and announce the reversal !
Bullish pattern
I agree:

+1 回覆
This does not look like an ascending triangle at all. the tops touch once (maybe twice at best) and your bottom support line is only touched once. Not to mention the price has broken down at your "support" line.
+2 回覆
TristanKhanizadeh TristanKhanizadeh
@TristanKhanizadeh, if anything its an ascending wedge which is bearish
+4 回覆
THEMISBLOCKCHAIN TristanKhanizadeh
@TristanKhanizadeh, equal highs= bullish
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TristanKhanizadeh THEMISBLOCKCHAIN
@THEMISBLOCKCHAIN, thats the thing tho highs are far from equal
+1 回覆
THEMISBLOCKCHAIN TristanKhanizadeh
@TristanKhanizadeh, use 4h chart and extrem tops there is an average of 35 usd diference between them...
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THEMISBLOCKCHAIN THEMISBLOCKCHAIN
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TristanKhanizadeh THEMISBLOCKCHAIN
@THEMISBLOCKCHAIN, So you agree then: their not equal. bearish ascending/rising wedge with confirmation breakdown at 11.5k
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THEMISBLOCKCHAIN TristanKhanizadeh
@TristanKhanizadeh, Guess who was right?
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TristanKhanizadeh THEMISBLOCKCHAIN
@THEMISBLOCKCHAIN, your prediction was right but your analysis was still wrong in my opinion. btc is still forming an ascending wedge
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