BTC road to U$17.200
My previous chart analysis was confirmed.
The ascending triangle formation on 4h chart is done, and the target is U$17.200.
Now, BTC tested 2 times the resistance (U$15.790) and is climbing up, road to U$17.200.
We looked a "false breakout" (bear trap) in pennant, that confirms another bullish movent.
In my vision, probably we will see U$17.200 until the end of month.
The ascending triangle formation on 4h chart is done, and the target is U$17.200.
Now, BTC tested 2 times the resistance (U$15.790) and is climbing up, road to U$17.200.
We looked a "false breakout" (bear trap) in pennant, that confirms another bullish movent.
In my vision, probably we will see U$17.200 until the end of month.
Trade closed: target reached
Target reached! :)
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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.