Consolidation in Triangle
Bitcoin has been supported in the range of 5000-5020. Support and resitance areas and important trendlines are drawn. Bitcoin has a price consolidation inside the drown triangle and there is a possibility of moving according to the blue scenario. Becareful about any breakdown below the dark green trendline.
Previous chart:
Previous chart:
Note
Bitcoin moved according to the expected scenario:
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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.