Bitcoin
Panjang
Telah dikemas kini

Bitcoin Breaks Ascending Triangle Pattern

687
BTCUSD

As you can see in the chart, Bitcoin has broken an Ascending Triangle Pattern today, with the break of the $12,100 USD level on Bitcoin.

freeonlinetradingeducation.com/ascending-triangle.html

The target will de the $13,600 USD level, which is calculated by adding the length of the triangle to the breakout point.

The highs of June of 2019 are at $13,900 USD. So, the area of $13,600 to $13,900 USD would be an area of strong resistance and maybe a nice level to take profits on the short term.

Today break was with a strong volume, which gives me confidence that the upside move will continue. I expect the target will be reach soon, maybe as soon as this week or next.

I hope you find this interesting and good luck to you.
Dagangan aktif

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.