BTC - Ascending Triangle Hook (targets 50.4k, 51.7k)
One thing that has stood out as a pattern time and time again ever since BTC has shown signs of recovery is the ascending triangle hook pattern.
It starts with a normal ascending triangle, then breaks the support in a large red candle and consolidates. After a few sideways candles, appearing as a bear flag, it promptly shoots up and breaks the ascending triangle's resistance, forming a "hook".
Often times, you can see multiple of these within the same ascending triangle, with the hook just creating a deeper ascending triangle if it fails to break resistance.
On the chart, you can see two of these hooks, but the current hook has a good chance of breaking resistance.
Targets for hooks and breakouts are fibonacci extensions.
It starts with a normal ascending triangle, then breaks the support in a large red candle and consolidates. After a few sideways candles, appearing as a bear flag, it promptly shoots up and breaks the ascending triangle's resistance, forming a "hook".
Often times, you can see multiple of these within the same ascending triangle, with the hook just creating a deeper ascending triangle if it fails to break resistance.
On the chart, you can see two of these hooks, but the current hook has a good chance of breaking resistance.
Targets for hooks and breakouts are fibonacci extensions.
註釋
Looks like it just wants to reverse註釋
Still intact, although ETHBTC is suffering.註釋
Hook has arrived.註釋
First target was reached, second didn't make it.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。