Ascending Triangles to Break $25k Resistance

I believe these ascending triangles are pointing to a breakout here, converging right at $25k, and it could be the one to finally overcome this beast of a resistance. Been a tough battle here. The triangles are a little malformed, but clearly they're getting smaller, and culminating to a point. We are almost there... rejection wouldn't surprise me, but I'm leaning towards a breakout. If we get above $25200 cleanly we should consolidate somewhere above $25k, and then after that, could be a pretty clear path to 28k or so, given the large volume gap in the 25-28k range. This all seems obvious though, and crypto rarely does the most seemingly obvious thing.

Commentaire:

Would have been sweet. Trade did not end up breaking ~$25,200. It gave it a good test though and fell back down to the same range we were in prior.

Commentaire:

Ok despite the rejection there is still ascending triangles playing out on the longer time frames. Looking for a retest in about 4-5 hours based on this chart, and hopefully this time we will have the volume and momentum to break through 25k. The flat top in this current trend is very bullish.