Price has formed an ascending triangle on the 1hr along with decreasing volume. Target is $12k.
Note
We reached $11,966 (on Coinbase), pulled back a bit, and then proceeded to smash through $12k. I'm sure there will be a retracement soon, probably a deep one, but for now I'm enjoying this parabolic move.
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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.