Updated

Triangle Consolidation on Bitcoin (BTC)

Hello,

Current Price: 94k.
Chart Pattern: Triangle
Trend: Consolidation/Sideways
Trade: You may try a long position if BTC stays within the triangle or breaks upwards. Breaking the triangle downward would invalidate the long position ideas and have a bearish indication.

Regards,
Ely

Trade closed: target reached

1st Target Price, 97.9k, Hit.

Note

2nd Target price, 100.1k, Hit.

Note

All Target Prices are hit. The idea's complete.

Also on:

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.