BTCUSD: Short Term Market Analysis for 11/06/24
This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
The price is consolidating in a Ascending triangle pattern on the 15-minute chart. Following a successful retest of the breakout block, now acting as support, the probability of an upward breakout increases. This could propel the price towards new highs, potentially reaching 76k-78k plus.
https://www.tradingview.com/x/clJO5zXy/
The price is consolidating in a Ascending triangle pattern on the 15-minute chart. Following a successful retest of the breakout block, now acting as support, the probability of an upward breakout increases. This could propel the price towards new highs, potentially reaching 76k-78k plus.
https://www.tradingview.com/x/clJO5zXy/
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