We can see a symmetrical triangle formed on BTC’s 1h chart. The price target is about $18900 for long and 16290 for short.
I may treat previous higher low and lower high as a support and resistance, be careful when breakout happens and come close to about $17960 for going long and $17413 for going short.
The volume is in a downtrend, further confirmed that a breakout will come soon.
I may treat previous higher low and lower high as a support and resistance, be careful when breakout happens and come close to about $17960 for going long and $17413 for going short.
The volume is in a downtrend, further confirmed that a breakout will come soon.
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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.