BTCUSDT "Ascending Triangle"
BTCUSDT "Ascending Triangle"
The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, BTCUSDT is in the range of Rs 19,120$. If the pattern continues, the price of BTCUSDT might reach the resistance levels of Rs 20,500$. If the trend reverses, then the price of BTCUSDT may fall to Rs 18800$
Trading Level ✅
Entry Point - 19400$
Stop Loss - 18800$ (Previous Swing Low)
Target - 20500$
Happy Trading
The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, BTCUSDT is in the range of Rs 19,120$. If the pattern continues, the price of BTCUSDT might reach the resistance levels of Rs 20,500$. If the trend reverses, then the price of BTCUSDT may fall to Rs 18800$
Trading Level ✅
Entry Point - 19400$
Stop Loss - 18800$ (Previous Swing Low)
Target - 20500$
Happy Trading
Publications connexes
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.