This ascending channel is typically traded by breakout, which occurred! The price target for the breakout is measured by the width of the channel - I've indicated it with dashed arrows! But there's a catch! Yesterday, I posted a chart, IMHO, it's essential for you to read it and carefully consider it!
On this chart, I've overlaid the same wedge in orange as in the previous post; I believe it holds significant importance for Bitcoin's future price action!
The upper boundary of the wedge is resistance, which may not be immediately broken, and the price in that area may undergo a correction! It's crucial to monitor these levels!
I anticipate a rise to levels around 60-62 thousand, and then we need to observe further!
What do you say? What's your forecast? Share in the comments! Thank you for your attention! Always sincerely with You🫶 Your Kateryna💙💛
Trade closed: target reached
We careful with next move! Today I'll make new update! see You soon!
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