BEARISH Ascending Triangle Or BULLISH Inverse H&S? | Stablecoin Mania

 

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Bitcoin Technical Analysis & Bitcoin News Today: I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!

0:55 Inverse Head & Shoulders
5:23 Ascending Triangle
12:06 Bitcoin Today
14:02 Stablecoins

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☾ Sources:
https://cointelegraph.com/news/six-global-banks-sign-up-to-issue-stablecoins-on-ibms-now-live-blockchain-network
https://cointelegraph.com/news/circle-ceo-jeremy-allaire-stablecoins-that-use-open-standards-will-prevail

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BEARISH Ascending Triangle Or BULLISH Inverse H&S? | Stablecoin Mania

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26 comments

  1. Great content Carl! Can you share which are those textbooks that you mention, i am starting with forex now besides crypto and am reading a lot. You seem like a pro at this, which books would you recommend for us to read. Thanks πŸ™‚

  2. AS LONG AS BANKS OR GOVERNMENTS INVOLVED IN ANY CURRENCY IT IS NOT GOOD BECAUSE IT WILL BE CENTRALIZED.
    IT IS NOT CRYPTO AND USELESS.

  3. Agree man. All these people calling an Ascending Triangle need to brush up on their TA.
    Also, it’s interesting, Stablecoins seems like a possible way for commercial banks to supplant central banks.

  4. the truth has been spoken by mister Carl: What is an Ascending Triangle?
    An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.

  5. I love hearing the TA point of the story but it’s not really going with the fundamentals I’m seeing

  6. Hey mate, thanks for all your amazing work. Where is the link to the trading view tutorial?

  7. Altcoins Rule? BTC Dominance is going down? Altcoins will support BTC price, instead of the opposite in the past?
    Altcoin TA Anyone?

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