Hey, I'm pretty fresh to trading and I have seen a fair amount of people publish or talk about an Ascending triangle(B) and ETH breaking out.
I had thought it looked like a rising wedge(A) with a consistent middle sup/res, so the market was moving "normally" with a possible breakdown at the end.
Is there something I'm missing or a reason why the Ascending triangle was considered so significant?
Appreciate any clarification or teachings I get and maybe it helps someone else too.
Hopefully, ok with me posting like this. wanted to ask in public chat but there's that rep entry.
I had thought it looked like a rising wedge(A) with a consistent middle sup/res, so the market was moving "normally" with a possible breakdown at the end.
Is there something I'm missing or a reason why the Ascending triangle was considered so significant?
Appreciate any clarification or teachings I get and maybe it helps someone else too.
Hopefully, ok with me posting like this. wanted to ask in public chat but there's that rep entry.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.