Ascending triangles
Bitcoin / Tether KUCOIN:BTCUSDT
Current price action already forming 3 swing high and 2 swing low. Price at lower trendline.
My opinion BTC is in later phase of distribution. Triangle is a continuation pattern, major pattern prior was downtrend (lower high and lower low).
A fourth or fifth swing high inside triangle is possible, or a breakout from lower trendline downward is possible too. According to rsi and moving averages the latter is more likely.
Ps : no hate, not fud, just TA
TA is not holy grail but if you dont do it on your own you tend to lose money
