Btc is trading within symmetrical triangle, what next?
Hello everyone, welcome to this quick update :-
BTC is trading under the triangle as of now and is successfully holding the 39k level since the breakout.
What matters the most is we need a healthy retracement here.
There's also a CME gap around 38k level.
So this pump could end up being a trap.
Just my opinion!
Expecting breakout in the next 4 to 6 hours.
The direction of the breakout will decide the trend.
Break above the 41k level can take BTC to upper resistance levels around 43k to 48k and eventually 52k.
Breakdown means test of 38k and continue to the upside for 43k to 48k .
In both ways we are bullish .
We wait for the breakout now.
Do hit the like button and share your views on the comment section.
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. . . . . Please show your support back,
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💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #bearmarket #sideways #breakdown #btcusd #dailyclosed #symmetricaltriangle
BTC is trading under the triangle as of now and is successfully holding the 39k level since the breakout.
What matters the most is we need a healthy retracement here.
There's also a CME gap around 38k level.
So this pump could end up being a trap.
Just my opinion!
Expecting breakout in the next 4 to 6 hours.
The direction of the breakout will decide the trend.
Break above the 41k level can take BTC to upper resistance levels around 43k to 48k and eventually 52k.
Breakdown means test of 38k and continue to the upside for 43k to 48k .
In both ways we are bullish .
We wait for the breakout now.
Do hit the like button and share your views on the comment section.
❤️ If you find this helpful and want more FREE forecasts in Tradingview.
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, ❤️
#bitcoin #crypto #nextmove #bullmarket #bearmarket #sideways #breakdown #btcusd #dailyclosed #symmetricaltriangle
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