Heres a 4hr analyses. We are still in the channel, which is broken out of the months long downtrend.
BTC is on a solid path to completing an ascending triangle pattern. There is an impending breakout imminent afterwards. Depending on which way it breaks out, that will be the way to look forward to for the mid term. Always lookout for fake outs.
We are currently oversold on most time frames.
BTC is on a solid path to completing an ascending triangle pattern. There is an impending breakout imminent afterwards. Depending on which way it breaks out, that will be the way to look forward to for the mid term. Always lookout for fake outs.
We are currently oversold on most time frames.
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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.