Here we can start to make out a clear triangle forming on the 4H. As soon as we have a candle close above the resistance or below the support of the triangle, we should see a move to the measured price target. To the upside, our price target is around $35,000. To the downside, our price target is around $26,400.
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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.