Ascending Triangle pattern

Ascending Triangle pattern

The ascending triangle is a bullish " continuation " chart pattern which means that a breakout is likely where the lines of the triangle converge. To draw this pattern, you need to place a horizontal line (the resistance line) over the resistance points and draw an ascending line (the uptrend line) along the support points.

Beginner Tip 

Today we are talking about scalp trading, the third in the trading types list.

Scalp trading is when you enter a trade in any other small price movement in the market and quickly book the profit and get out of it.

For this mainly the small time frame is used in most cases. Because of being in a trade for a short period of time, it is possible to make several scalp trades like this in a day. And the special thing is that even if the same coin is upside movement and downside movement can be caught with this scalp trading.

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In order to invest properly in the Cryptocurrency Market and get good income, it is important to have a good understanding of the Coin we are buying. So we bring you this article which explains all the details about Cryptocurrency Coin.

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