Triangular convergence end, waiting for a volume-increasing bullish candlestick.

View Original
CryptoRevolutionMaster
#BTC/USDT ANALYSIS

Bitcoin is trading within the horizontal supply zone of an ascending triangle pattern, while the 100MA is acting as a support beneath the current price.

A strong candle close above the pattern would confirm a bullish breakout and signal further upside.

However, rejection from this zone is still possible and could lead to a short-term pullback.

$BTC
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments