RTED_Investing

BTCUSD Symetrical triangle breakout

Long
COINBASE:BTCUSD   Bitcoin
The BTCUSD has been forming a symetrical triangle recently which can be observed on the 4H chart. The price just produced a breakout to the upside. Considering that it's an up trend moving leading into the pattern, the breakout to the up side provides more curtainty of the movement. As per the projection of the pattern, the price can reache levels over 92000. If you want to have more curtainty in this pattern, you may want to wait for a closure of a daily candle above the pattern as the triangle can be observed on daily aswell.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.