Bitcoin
Long

BTCUSD Ascending Triangle Breakout Setup

316
This BTC/USD 45-minute chart shows a clear ascending triangle pattern, with higher lows and horizontal resistance near $106,069. Price is currently testing the upper range of the triangle. A breakout above this level could trigger a bullish move toward the marked target zone. Volume is rising during the recent upward movement, supporting potential breakout strength. The ascending trendline and Ichimoku cloud provide additional support around $104,000–$104,200.

Take Profit (TP): $106,069 (initial target based on resistance breakout)

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.