BTC/USD: ascending triangle setup

Bitcoin forming an ascending triangle in H4 timeframe what we see a potential long position toward 31k.

snapshot

To view in H1 timeframe, Bitcoin break up this structure forming a lower low in this downtrend line in this chart, what bulls made confirmation that want to lead the price to the new higher high.

snapshot

In Daily timeframe still bullish, but we can to see another possibility that Bitcoin may to down toward 26k key support level to then see a smart buy in that zone. But well, in Daily timeframe we're in the range, meanwhile in H4 look bullish setup

So guys, I put the trade information in this display to look if you decide to entry to long position in Bitcoin right now.

Meanwhile, I was check out the new features that Trading View team created and I want to study it new emoji, stickers and new features that appear in my tools.

Good luck!!!

Ascending TriangleBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDbullishsetupChart PatternsTrend Analysistrendanalysisexplained

Aussi sur:

Clause de non-responsabilité