Bitcoin Technical Analysis: Flawless rising triangles in Bitcoin!

[coinnews]

In technical analysis, an ascending triangle is an extremely bullish signal. As you can, Bitcoin is exhibiting this pattern beautifully. 

Ascending (rising) Triangle

Bitcoin

Remember in times of fear and panic, be greedy. Everything will be fine.

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Comments

[schuylerwise]

geometry is everything

[fajarsdq]

good 👌

[msekh]

Thanks for sharing. Followed!

[lengle2811]

New to steemit and now following

[drakos]

Ummm, bitcoin is far from any rising triangle or wedge pattern! For two days it has closed below the moving average line, with a massive bearish volume, while touching the lower bollinger band. We will see tomorrow if today's bullish candlestick will hold, if it doesn't, you're in for a rocky downhill.
https://steemit.com/cryptocurrency/@drakos/bitcoin-price-moves-the-bears-are-still-leading

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