Bitcoin overnight broke out of the symmetrical triangle it's been in for the past couple of weeks.
From $59.2K to the $73.8K ATH, the depth of the triangle is $14.6K. The breakout area of the triangle was $70.4K. $14.6K = $70.4K = $85K as a target for this breakout in the coming weeks.
From $59.2K to the $73.8K ATH, the depth of the triangle is $14.6K. The breakout area of the triangle was $70.4K. $14.6K = $70.4K = $85K as a target for this breakout in the coming weeks.
Note
meant $14.6K + $70.4K = $85K
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.
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.