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BTC forming symmetrical Triangle

By fullofsoul3
Updated
It can be confirmed once the price breaks out of the triangle. There is a chance for both short and long. There is RSI bullish divergence also, so its indicating the price might go up and meet the targets mentioned. Let us wait for the price to act.
Note
Price has taken support from the trendline(yellow) below because it has acted as a support in the past as well, if we break this support then probably going to go till 50229.
Note
already below 50k now.
Note
Price gets support at 48350, if we break this support, probably going to fall till 43400 approx.
Trade closed: target reached
50229
BTCUSDbtcusdlongChart PatternsCryptocurrencyTechnical IndicatorsSymmetrical TriangletradingTrend Analysis
fullofsoul3

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