Price is starting to close bullish, slowly making its way outside the bullish rising wedge / ascending triangle pattern.
This is an indication of a healthy and proper uptrend with decent volume to hold the bull run and potentially a continuation to new ATH price levels.
If the structure holds, the should be a spike to break through $95,000 with strength.
Many short sellers will get liquidated and that's just more liquidity added to the upside.
Near the $100,000 level, you could expect a similar pattern to form. A continuation consolidation / accumulation phase that holds key psychological price levels as support; such as (but not necessarily) $97,000-$96.000.
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GOOD LUCK!
This is an indication of a healthy and proper uptrend with decent volume to hold the bull run and potentially a continuation to new ATH price levels.
If the structure holds, the should be a spike to break through $95,000 with strength.
Many short sellers will get liquidated and that's just more liquidity added to the upside.
Near the $100,000 level, you could expect a similar pattern to form. A continuation consolidation / accumulation phase that holds key psychological price levels as support; such as (but not necessarily) $97,000-$96.000.
-
GOOD LUCK!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.