In the previous idea, I have shared with you guys the head and shoulders pattern which really worked and we successfully hit the price targets.
Now, after a bigger symmetrical triangle breakout, we have faced resistance at $69000 in BTC after which we have retraced to the previous strong resistance (which is now supported).
A small falling wedge pattern can also be seen. If this pattern breakouts out at around $64000, then we can see a new All-time high soon around $71000-73000.
Muneeb.
Now, after a bigger symmetrical triangle breakout, we have faced resistance at $69000 in BTC after which we have retraced to the previous strong resistance (which is now supported).
A small falling wedge pattern can also be seen. If this pattern breakouts out at around $64000, then we can see a new All-time high soon around $71000-73000.
Muneeb.
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Related publications
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.