what does that triangle signal? is that a red flag of death?
RE: Triangle Pattern on the BTC/USD charts!
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Triangle Pattern on the BTC/USD charts!
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It signals that pressure is building up in the market. Many of the biggest rallies and crashes are preceded by such formations.
Here, check out some of my previous posts on these patterns:
https://steemit.com/bitcoin/@techwizardry/another-big-triangle-pattern-on-the-bitcoin-chart-which-way-will-it-break
https://steemit.com/bitcoin/@techwizardry/massive-triangle-pattern-on-btc-usd-holds-as-bitmain-and-bithumb-give-statements-on-bcc-bitcoin-cash
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