🚀 Hey Traders! 👋
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
🔥 BTC/USDT – Symmetrical Triangle in Play! 🔥
BTC is currently forming a symmetrical triangle on the 4hr time frame, facing strong resistance at the upper trendline. For a bullish breakout, BTC needs to close above the $88.3k resistance level.
📉 Bearish Scenario:
If BTC rejects from this resistance and breaks down from the triangle, we could see a short-term decline in price.
💡 Bullish Outlook:
The more BTC tests the upper trendline, the weaker the resistance becomes, increasing the chances of a breakout. However, it’s best to wait for confirmation before turning fully bullish.
🔹 Key Levels to Watch:
✅ Resistance: $88.3k
✅ Support: $85k – $86k
💬 What’s Your Take?
Do you think BTC will break out or get rejected? Share your analysis, predictions, and strategies in the comments! Let’s ride this market together! 💰🔥🚀
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
🔥 BTC/USDT – Symmetrical Triangle in Play! 🔥
BTC is currently forming a symmetrical triangle on the 4hr time frame, facing strong resistance at the upper trendline. For a bullish breakout, BTC needs to close above the $88.3k resistance level.
📉 Bearish Scenario:
If BTC rejects from this resistance and breaks down from the triangle, we could see a short-term decline in price.
💡 Bullish Outlook:
The more BTC tests the upper trendline, the weaker the resistance becomes, increasing the chances of a breakout. However, it’s best to wait for confirmation before turning fully bullish.
🔹 Key Levels to Watch:
✅ Resistance: $88.3k
✅ Support: $85k – $86k
💬 What’s Your Take?
Do you think BTC will break out or get rejected? Share your analysis, predictions, and strategies in the comments! Let’s ride this market together! 💰🔥🚀
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.