Bitcoin within ascending triangle pattern - buy on 1H
Updated
Dear traders and followers,
welcome to our weekly Bitcoin market update !
the Bitcoin price retraced yesterday from 15800 $ area after positive vaccine results has been published by Biontech.
We´ve spotted a ascending triangle pattern and the market is near support trend line and 15100 $ price support.
A nice short term up move for a third test of 15800 $ is likely to happen within the next 24 - 48 hours.
This pattern is in generell a bullish pattern which is followed by a strong breakout in most of the time.
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welcome to our weekly Bitcoin market update !
the Bitcoin price retraced yesterday from 15800 $ area after positive vaccine results has been published by Biontech.
We´ve spotted a ascending triangle pattern and the market is near support trend line and 15100 $ price support.
A nice short term up move for a third test of 15800 $ is likely to happen within the next 24 - 48 hours.
This pattern is in generell a bullish pattern which is followed by a strong breakout in most of the time.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support !
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