Continuation!
Happy Wednesdae,
PA seems to be consolidating in a contracting triangle. There is HEAVY resistance just above, near the 13.2K level (major S/R flip from March). If BTC can break this CT bullish (66% probable)
Should BTC break this consolidation bullish, I see $13.89 as T1, then $14.699 -with further upside likely.
“If a contracting triangle is a continuation pattern, the move that occurs before the triangle's starting point should not be a corrective move. The type of pattern is usually representative of a powerful advance.”
PA seems to be consolidating in a contracting triangle. There is HEAVY resistance just above, near the 13.2K level (major S/R flip from March). If BTC can break this CT bullish (66% probable)
Should BTC break this consolidation bullish, I see $13.89 as T1, then $14.699 -with further upside likely.
“If a contracting triangle is a continuation pattern, the move that occurs before the triangle's starting point should not be a corrective move. The type of pattern is usually representative of a powerful advance.”
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.