BTC1! on 6hr Time Frame Ascending Triangle
BTC1! on the 6 hr time frame has an Ascending Triangle.
"An ascending triangle pattern predicts a bullish breakout above the resistance area, typically around the time when the ascending line of the triangle would intersect the horizontal resistance line. Ascending triangles form due to of accumulation following a sustained uptrend."
Next projected target on 6hr time frame marked of 43.65k then to 47.5k
*On a separate note:
Please note, the gap fill marked, if BTC pulls back, it could potential pullback to lower targets of 40.4k-39.5k to Gap fill and consolidate. However atm, btc is bullish imo. :)
What are your thoughts?
Comment Below. :)
"An ascending triangle pattern predicts a bullish breakout above the resistance area, typically around the time when the ascending line of the triangle would intersect the horizontal resistance line. Ascending triangles form due to of accumulation following a sustained uptrend."
Next projected target on 6hr time frame marked of 43.65k then to 47.5k
*On a separate note:
Please note, the gap fill marked, if BTC pulls back, it could potential pullback to lower targets of 40.4k-39.5k to Gap fill and consolidate. However atm, btc is bullish imo. :)
What are your thoughts?
Comment Below. :)
Kelly @angelbaetrades
Instagram: instagram.com/angelbaetrades/
TiKTok: tiktok.com/@angelbaetrades
Instagram: instagram.com/angelbaetrades/
TiKTok: tiktok.com/@angelbaetrades
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