Bitcoin

When in doubt, ZOOM OUT!!! GIANT Ascending Triangle Breakout!!

154
BTC broken flush to the upside of a GAINT Ascending Triangle & is consolidating into a horizontal channel.

We have noticed a move below the baseline support of the horizontal channel, but it appears to be a fake-out/shake-out.

This pattern is referred to as a Bullish Expanding Triangle highlighted in red.

Next stop, $300k USD.

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.