BTCUSD - Breaking out of symmetrical triangle to upside?
Hi there, first time posting an idea, so be gentle!
I've been a long time lurker, but don't have much experience reading charts.
I've been watching the BTCUSD chart for a while now, to try to understand what's in store for the near future.
From what I can see, it looks like BTC may be breaking out of the symmetrical triangle it has been trading within.
If it comes back and re-tests the top of the triangle then continues upwards, does this bode well for the immediate future?
Comments and criticism most welcome.
Thanks.
I've been a long time lurker, but don't have much experience reading charts.
I've been watching the BTCUSD chart for a while now, to try to understand what's in store for the near future.
From what I can see, it looks like BTC may be breaking out of the symmetrical triangle it has been trading within.
If it comes back and re-tests the top of the triangle then continues upwards, does this bode well for the immediate future?
Comments and criticism most welcome.
Thanks.
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