Bitcoin is in an ascending triangle.
Ascending triangles are usually bullish (in this scenario it is) and they usually break out at around 75% completion.
The target is 55k for Bitcoin.
It is currently breaking out on the daily chart, but the ultimate decider will be tomorrow's candle open.
If it opens above that resistance I believe this could go to the 55k.
Trade Well!
Ascending triangles are usually bullish (in this scenario it is) and they usually break out at around 75% completion.
The target is 55k for Bitcoin.
It is currently breaking out on the daily chart, but the ultimate decider will be tomorrow's candle open.
If it opens above that resistance I believe this could go to the 55k.
Trade Well!
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.