Bitcoin

Bitcoin break out in the next few hours? Watch this pattern!

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We can see a symmetrical triangle formed on BTC’s 1h chart. The price target is about $18900 for long and 16290 for short.

I may treat previous higher low and lower high as a support and resistance, be careful when breakout happens and come close to about $17960 for going long and $17413 for going short.

The volume is in a downtrend, further confirmed that a breakout will come soon.

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.