BitcoinLong
BTCUSD: Short Term Market Analysis for 11/06/24
This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
The price is consolidating in a Ascending triangle pattern on the 15-minute chart. Following a successful retest of the breakout block, now acting as support, the probability of an upward breakout increases. This could propel the price towards new highs, potentially reaching 76k-78k plus.
https://www.tradingview.com/x/clJO5zXy/
The price is consolidating in a Ascending triangle pattern on the 15-minute chart. Following a successful retest of the breakout block, now acting as support, the probability of an upward breakout increases. This could propel the price towards new highs, potentially reaching 76k-78k plus.
https://www.tradingview.com/x/clJO5zXy/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.