ba707

Bitcoin is breaking out of symmetrical triangle

Panjang
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BINANCE:BTCUSDT   Bitcoin / TetherUS

The symmetrical triangle is formed by the recent dumps and it's getting broken out. There is a large triangle and as well as a smaller one The larger one gives 79k as the target if broken out completely.

We can form a smaller one as well with a more complete symmetrical setup. Its target is marked as TP1.

TP1 - smaller triangle target
TP2 - Larger triangle target

I would say to set a smaller target for now and check the momentum.
Komen:
Hope everyone is entered with the position. From tomorrow, I see chances of the bullish cycle.
Dagangan aktif:
Today BTC broke the ATH, it's following the path.
Dagangan aktif:
Bumpy road ahead of BTC, you can see occasional corrections.
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.