#BTC/USDT ANALYSIS
BTC was rejected at the horizontal resistance of the ascending triangle. Currently, it is trading above the Ichimoku cloud. A bounce from the Ichimoku cloud and a decisive breakout from the ascending triangle would confirm a bullish trend. Until a solid breakout or breakdown occurs, further movement within the triangle is expected.
BTC was rejected at the horizontal resistance of the ascending triangle. Currently, it is trading above the Ichimoku cloud. A bounce from the Ichimoku cloud and a decisive breakout from the ascending triangle would confirm a bullish trend. Until a solid breakout or breakdown occurs, further movement within the triangle is expected.
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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.