What is up everyone!
What we are witnessing here is a beautiful price compression with lower highs and higher low - often referred to as a pennant.
For me, I like the word triangle better, but that's just me.
As you can see, the chart highlights the entry, stop and take profit levels, all derived from the geometry of the pattern.
Also, don't forget that DGBBTC has recently been listed on Binance ;)
Take care,
Vlad The Crypto Trader
If you're new to this
What we are witnessing here is a beautiful price compression with lower highs and higher low - often referred to as a pennant.
For me, I like the word triangle better, but that's just me.
As you can see, the chart highlights the entry, stop and take profit levels, all derived from the geometry of the pattern.
Also, don't forget that DGBBTC has recently been listed on Binance ;)
Take care,
Vlad The Crypto Trader
If you're new to this