zachvn

BTC 1/h - Possible Bullish Retest of Symmetrical Triangle

Long
COINBASE:BTCUSD   Bitcoin
I have redrew the upper trend line so that it fits this consolidation pattern better. Bitcoin looks to have broken out of the symmetrical triangle, also formed a bullish inverted hammer after it came back down to retest the upper trend line. My analysis states that it might go sideways a little before another leg up. (needs volume to come in to confirm the bullish retest)

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