BTC/USD: ascending triangle setup

Bitcoin forming an ascending triangle in H4 timeframe what we see a potential long position toward 31k.

תמונת-בזק

To view in H1 timeframe, Bitcoin break up this structure forming a lower low in this downtrend line in this chart, what bulls made confirmation that want to lead the price to the new higher high.

תמונת-בזק

In Daily timeframe still bullish, but we can to see another possibility that Bitcoin may to down toward 26k key support level to then see a smart buy in that zone. But well, in Daily timeframe we're in the range, meanwhile in H4 look bullish setup

So guys, I put the trade information in this display to look if you decide to entry to long position in Bitcoin right now.

Meanwhile, I was check out the new features that Trading View team created and I want to study it new emoji, stickers and new features that appear in my tools.

Good luck!!!

Ascending TriangleBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDbullishsetupChart PatternsTrend Analysistrendanalysisexplained

גם על:

כתב ויתור