Bitcoin: TP1 reached. notice the bull power!
While one of our previously indicated TP targets reached (see the related idea below), I wanted to take your attention to the volume indicator. See in the chart that how those high volumes accompanies with those high upside candles. I think that this may indicate the bull power, which in turn may cause the breakout of the major triangle to the upside. This is just a guess and should not be considered as the basis for trade without confirmation!
Your comments are appreciated very much,
Good luck!
Your comments are appreciated very much,
Good luck!
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.