Bitcoin is breaking out of symmetrical triangle

Apr 10, 2021

The symmetrical triangle is formed by the recent dumps and it's getting broken out. There is a large triangle and as well as a smaller one The larger one gives 79k as the target if broken out completely.

We can form a smaller one as well with a more complete symmetrical setup. Its target is marked as TP1.

TP1 - smaller triangle target
TP2 - Larger triangle target

I would say to set a smaller target for now and check the momentum.

Apr 11, 2021

Note

Hope everyone is entered with the position. From tomorrow, I see chances of the bullish cycle.

Apr 13, 2021

Trade active

Today BTC broke the ATH, it's following the path.

Apr 15, 2021

Trade active

Bumpy road ahead of BTC, you can see occasional corrections.