BTC: BREAKOUT WILL DECIDE THE NEXT MOVE!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is rejected from the $30,500 level (Upper trendline of the channel and made a low of $28,700 level.
BTC is trading inside a symmetrical triangle pattern in the 4hr time frame where the breakout is still pending. If BTC breaks out from the triangle then our short-term target is $33k-$34k or if BTC breaks down the triangle then our target will be $25k-$26k level.
So overall it's better to wait for the clear move and decide where it wants to go.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC update. BTC is rejected from the $30,500 level (Upper trendline of the channel and made a low of $28,700 level.
BTC is trading inside a symmetrical triangle pattern in the 4hr time frame where the breakout is still pending. If BTC breaks out from the triangle then our short-term target is $33k-$34k or if BTC breaks down the triangle then our target will be $25k-$26k level.
So overall it's better to wait for the clear move and decide where it wants to go.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
