If price breaks above the triangle and confirms the breakout, there is a potential long position with target approx @40k.
So far, price has been rejected after testing the 23.6% Fibo to almost bounce on triangle support line.
Let see how it unfolds. I'll publish a Short scenario as well (the opposite)
So far, price has been rejected after testing the 23.6% Fibo to almost bounce on triangle support line.
Let see how it unfolds. I'll publish a Short scenario as well (the opposite)
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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.