Ascending Triangle SequentialsteemCreated with Sketch.

in bitcoin •  6 years ago 

BTCUSD is forming an ascending triangle pattern, consolidating previous rally.
The anticipated head and shoulder pattern was not confirmed by Sequential indicator as countdown was only on bar 7/13.

Now, sequential Sell countdown is on bar 8/13 following an aggressive 13 sell which implicate a probable top for the next days and reinforce chances for the ascending triangle to reach the APEX.

Breakout is expected to the north, but there is still a probability to break to the south. A Close above today's candle will confirm the breakout.

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