BTC/USDT 1 HOUR Symmetrical triangle
This is a clean symmetrical triangle which should see a break out to the upside just beyond the formation then a drop below the formation before taking off to the upside in a big way.
If you agree throw me a like follow if you want more updates and concepts regularly. Much love
If you agree throw me a like follow if you want more updates and concepts regularly. Much love
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Page 348 of Bulkowski's classic trading patterns
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Possible path
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After more data came in it is now obvious that this is a bull flag not a symmetrical triangle although they move similar finishing of the formation has a drop whereas the Symmetrical does not on most cases. Here is the updated chart with the fractal overlaid. Should be up from here