Double Busted (2x Bonus)

Bullish Scenario.

A lot of similarities in PA vs. pre March 11th. Chart coming on those ideas, a lot to break down.


For a double bust, look for these elements.

Price busts a confirmed ascending triangle for the first time.
Price must move less than 10% before reversing (the move from the red line at D to E, in this example).
After an upward breakout, price closes below the bottom of the ascending triangle (C) or above the top after a downward breakout.
Price then moves at least 10% in the new direction.
If price fails to move at least 10% in the new direction, then it is a triple busted ascending triangle.

What do you all think?
Bitcoin (Cryptocurrency)Chart PatternsGannTrend Analysis

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