Ascending Triangle SequentialsteemCreated with Sketch.

in #bitcoin • 6 years ago

BTCUSD is forming an ascending triangle pattern, consolidating previous rally.
The anticipated head and shoulder pattern was not confirmed by Sequential indicator as countdown was only on bar 7/13.

Now, sequential Sell countdown is on bar 8/13 following an aggressive 13 sell which implicate a probable top for the next days and reinforce chances for the ascending triangle to reach the APEX.

Breakout is expected to the north, but there is still a probability to break to the south. A Close above today's candle will confirm the breakout.

About TD+ Enhanced Sequential Indicator:

#trading #btcusd
6 years ago in #bitcoin by
$0.00
    3 votes
    Reply 0

    Coin Marketplace

    STEEM 0.22
    TRX 0.27
    JST 0.041
    BTC 103752.36
    ETH 3842.24
    SBD 3.32