VasilyPonomarev
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ascending triangle

KRAKEN:ETHUSD   以太坊 / 美元

This type of triangle chart pattern occurs when there is a resistance level and a slope of higher lows.

What happens during this time is that there is a certain level that the buyers cannot seem to exceed. However, they are gradually starting to push the price up as evident by the higher lows.
Buying signal for us is a bullish breakout of resistance and market should close above structure.

Good luck!
Apr 19
評論: going to hit target
Apr 20
交易結束:目標達成
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The price did reach and break the triangle top line before falling back down; making this more of a wedge than a triangle in my opinion
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@SylTi, yeah I agree with such view. For me it was just false breakout
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