Long

BTCUSD Symmetrical Triangle 4H

Updated

BTC formed a symmetrical triangle on 4H timeframe and currently it's retesting the support. On chart I have drawn some levels and have given the appropriate heading, so I thing it's very clear what I'm saying.
Target - approx. 68k

I have another idea on 1H timeframe.

Note

Price is respecting the dash line.

Note

It's time to retest the support(Symmetrical triangle). If price hold around 60.5k that will a good sign to gear up.

John_rsm

Also on:

Related publications

BTCUSD Rising Wedge 1H

by John_rsm

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.