Bitcoin Breaking Ascending Triangle & EMA50 Resistance

Jun 24, 2022

Good morning my fellow cryptocurrency trader, I am hoping you are having a fine day.

Today we are going to be looking at this triangle on the BTCUSD chart on the 4H timeframe...
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We have a classic ascending triangle, a bullish continuation pattern.
One smaller triangle has been broken but there is still a bigger one.

At this same time Bitcoin is challenging EMA50 around $21,125 USD.
Above this level we can expect additional growth.

You can get a better picture by looking at the chart.

Namaste.

Jun 24, 2022

Comment

It will go above $22,222.

Ethereum went ahead...