TF STRATEGY
#TFStrategy: Symmetric Triangle in Bitcoin (BTCUSD)
-The symmetrical triangle is a pattern where the price minimums are getting higher and the maximums are getting lower.
- Additionally we can consider the crossing of the 200 SMA, indicating a change of the trend.
Temporality of the graph: 30 min.
- The triangle broke up and the break was confirmed at an approximate price of $11,600 per Bitcoin.
#TFStrategy: Symmetric Triangle in Bitcoin (BTCUSD)
-The symmetrical triangle is a pattern where the price minimums are getting higher and the maximums are getting lower.
- Additionally we can consider the crossing of the 200 SMA, indicating a change of the trend.
Temporality of the graph: 30 min.
- The triangle broke up and the break was confirmed at an approximate price of $11,600 per Bitcoin.