BTC: Bullish accumulation suggests BTC is likely to rise further
$BTC
Bullish accumulation suggests BTC is likely to rise further
BTC is about to complete an ascending triangle pattern on the 60-minute time frame.
It looks like a strong pattern so far and well positioned for an upward move. We are still in a correction and it could be dangerous how the price shapes up.
However, considering only the data we have so far, if the price manages to break above the triangle, the first barrier will be faced at 85180.
A strong breakout from the 85180 resistance area should open the door for further upside with targets at 86780 and 88500.
You can find more details on the chart.
Thank you! đ
â ïžPS: Do your own analysis and use your own strategy to join the trade.
â€ïž If this analysis helps your trading day, please support it with a like or comment â€ïž
#EarningsSeason #BTC
$BTC
Bullish accumulation suggests BTC is likely to rise further
BTC is about to complete an ascending triangle pattern on the 60-minute time frame.
It looks like a strong pattern so far and well positioned for an upward move. We are still in a correction and it could be dangerous how the price shapes up.
However, considering only the data we have so far, if the price manages to break above the triangle, the first barrier will be faced at 85180.
A strong breakout from the 85180 resistance area should open the door for further upside with targets at 86780 and 88500.
You can find more details on the chart.
Thank you! đ
â ïžPS: Do your own analysis and use your own strategy to join the trade.
â€ïž If this analysis helps your trading day, please support it with a like or comment â€ïž
#EarningsSeason #BTC