I am looking at this triangle that is still in play for bitcoin which is also a bullflag. BTC is due to breakout soon in around 10-14hours.
Reasons:
1HR Ichimoku Cloud Support Aligns with our support for the descending triangle.
I am looking at the possible 1hr ichimoku cloud acting as a perfect support at 22.3k before we bounce up to our next ath ~26k.
Will Long BTC at 22.3-22.4 levels if we do not break this support.
Reasons:
1HR Ichimoku Cloud Support Aligns with our support for the descending triangle.
I am looking at the possible 1hr ichimoku cloud acting as a perfect support at 22.3k before we bounce up to our next ath ~26k.
Will Long BTC at 22.3-22.4 levels if we do not break this support.
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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.