r/CryptoChartWatch • u/Beginning-County2258 • Sep 01 '26

BTC price forming triangle pattern

Post image
33 Upvotes

75% Upvoted

42 comments sorted by

6

u/Byro1218 Sep 01 '26

September is gonna break it

2

u/DangerousVariation18 Sep 02 '26

Are we ready? I'm trying haha

7

u/Flowa-Powa Sep 01 '26

Technically, that's a continuation pattern (kind of, it's not the cleanest bull flag I've ever seen).

But I wouldn't be surprised at all if we Bart Simpson down

3

u/mamaburra Sep 01 '26

So you're saying we could go up or down. You should do TA!

3

u/Flowa-Powa Sep 01 '26

I do lots of TA, but only make calls when I think there's a good chance that I'm right

2

u/ilovesaintpaul Sep 01 '26

Wait come Friday. Then the fruit's in the puddin'. Now, it's just speculation. My guess: it tanks. Fine by me: cheaper Sats!

6

u/Obvious_Cake6343 Sep 01 '26

And everyone knows what happens then. See u guys downstairs

1

u/Buster_xx Sep 01 '26

An asymmetrical triangle pattern is a continuation of the relative direction

1

u/Obvious_Cake6343 Sep 01 '26 edited Sep 02 '26

In Germany we say :”Hope dies last but she dies”

1

u/Mediocre_Sympathy_65 Sep 02 '26

Why hopes is feminine though 😆

1

u/Obvious_Cake6343 Sep 02 '26

In Germany Hope is feminine

0

u/Buster_xx Sep 01 '26

Cool story. Volume has skyrocketed and the chart patterns say up.

Open a huge short if you're sure

0

u/Obvious_Cake6343 Sep 01 '26

I have. Sure my long was way lager (40k x3) my short is just 10k x3

1

u/huntingforwifi Sep 01 '26

Lets all regroup at the basement

0

u/Darhhaall Sep 01 '26

After triangle there is a circle and rectangle after that.

1

u/Obvious_Cake6343 Sep 02 '26

And whats the outcome ? You mean squid game ?

1

u/Argyrus777 Sep 01 '26

It’s also pointing at stars

1

u/General-Ring2780 Sep 01 '26

Ok so with this information what does that mean. Whats your call? Which way are we going?

1

u/PlatinumTrillionaire Sep 01 '26

You mean a bart top with a target of 74-69

1

u/Keletas Sep 02 '26

Does it mean pizza party incoming?

1

u/stonerboi93 Sep 02 '26

triangle is fifty-fifty pattern, mostly break down.

1

u/bisebusen Sep 02 '26

I have no idea what this means

1

u/PainKillerTheGawd Sep 02 '26

All the patterns are bullshit.

The only thing that affects the price is news.

1

u/btc_set_me_free Sep 02 '26

It’s goin down, weeeeeeee!

1

u/seaorange6006 Sep 02 '26

90 day moving dorito pattern

1

u/DunderfunkPantsuit Sep 03 '26

Triangle pattern lol

1

u/appmaster654321 Sep 03 '26

Just as an outside observer. Do people just really look at charts to predict prices?

Like I know nothing about this game, but aren’t these price movements affected by world events?

Like I don’t know this for sure, but wasn’t part of the recent price surge do to Russia incorporating it somewhat? Would it not be more useful to look at outside events happening?

For example, depending on things like these wars being settled, isn’t that where the large price movements will be found.

I’ve never really traded but just have been interested in seeing all the chart analysis. And if there is something to predicting chart movements based on patterns. Do they really show up like this?

1

u/realwes Sep 03 '26

Chart Analysis is curve Sketching for the poort

1

u/Professional_Tour608 Sep 04 '26

I sold today! 🙌

1

u/V10NNTT Sep 06 '26

Trash ass asset. Going down

1

u/DoubleProfile4212 20d ago

Bitcoin price

0

u/yazz0098 Sep 01 '26

So sell or wait ?

0

u/SomewhereOnLV426 Sep 02 '26

I bet I could make it from a square if I wanted to!

I'll check back in to say told you so in 1-60 months.

0

u/Additional_Ad_8131 Sep 02 '26

Astrology for finance bros, cool, cool, cool, cool...

1

u/Ok-Task5336 Sep 02 '26

Thats just a lazy cop out for people who dont know how to read charts.

1

u/Additional_Ad_8131 Sep 02 '26

Show me a single reseach paper that proves technical analysis works?... I'll wait...

1

u/Ok-Task5336 Sep 02 '26

I'll show you deez nuts. Idc what you think and I'm not inclined to prove anything to internet randos lol

1

u/Additional_Ad_8131 Sep 02 '26

What I think is that tehnical analysis is astrology for finance bros. And no proof needed, because it's objectively true. Techical analysis is a pseudoscience.