Descending triangle is usually a bearish triangle.
But what am gonna do is just wait for a clear breakout either way with a full body candle of the triangle whether its up or down and ride it.
Compound Long – triangle breakout setup COMP/USD COINBASE:COMPUSD dilandias4 As we can see COMP has been in a bear market since mid may 2021. Having reached a support zone always respecting the major weekly trendline […]
BTC Trading Setup What To Look For Bitcoin / U.S. dollar BITSTAMP:BTCUSD dkb14246 Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly […]
Possible trend Bitcoin / U.S. dollar BITSTAMP:BTCUSD adityasabnis An immediate bounce(since we are 6 weeks in red already) followed by another leg down.