Bitcoin forming a symmetric triangle on 4 hour Time Frame.
If the triangle breaks downside we will see another another retest of the major support level of $29,000 -- $30,000
If the triangle is broken upwards, we will see a nice bounce towards $40,000 in the coming days.
Still the picture is not clear and waiting for a breakout on either sides..
If the triangle breaks downside we will see another another retest of the major support level of $29,000 -- $30,000
If the triangle is broken upwards, we will see a nice bounce towards $40,000 in the coming days.
Still the picture is not clear and waiting for a breakout on either sides..
Note
retested the support zone price and there's a retracement..
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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.