BitcoinLong
Potential breakout towards 40k from ascending triangle
BTC is moving in this ascending triangle where it is "trapped" by the strong resistance at 38k.
By the end of the week it should be able to break towards 40k from where it will go down again to test 38k. At that point we will see if it will continue to the upside or we can expect a bigger correction.
By the end of the week it should be able to break towards 40k from where it will go down again to test 38k. At that point we will see if it will continue to the upside or we can expect a bigger correction.
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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.