H4 : Breakout of the triangle pattern in progress ! Currently, below the Mid Bollinger Band and in the clouds. Downside triangle breakout gives a target @ 52'125 Ongoing H4 closing will validate or invalidate this breakout. In order to neutralise the downside risk, BTC should recover and hold above MBB. In the meantime, watch carefully price action on H1 and M15
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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.