Bitcoin
Largo

BTC 3rd time a charm?

142
Breakout rejected due to low volume and now bouncing off the bottom of the ascending triangle.
I'm remaining bullish and waiting for a breakout.

Ascending triangle have a higher chance to breakout to the upside.
Increasing volume helps to confirm the breakout, as it shows rising interest as the price moves out of the pattern.
If the price breaks out on low volume, that is a warning sign that the breakout lacks strength. This could mean the price will move back into the pattern. This is called a false breakout.

If we fall below 56k then we could see potential to go lower to 49k (128 daily MA)

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