You are looking at a 100% perfect wick to wick symmetrical triangle
Widest vertical range of the triangle from
Top wick: ~$105,700
Bottom wick: ~$100,700
Height = $5,000
Breakout level (horizontal mid-point of triangle):
Roughly $103,500 -104,000
Bullish Breakout Target:
$103,500 + $5,000 = $108,500
$104,00 + $5,000 = $109.000
108.5 to 109K will be your pure pattern target if BTC breaks to the upside with volume.
Bearish Breakdown Target:
98K
FOR FUN I ASK CHAT GPT WHAT ARE THE ODDS WE BREAKOUT
Break Direction Target Confidence
Up (likely) $109,000 60–70%
Down (less likely) $98,000 10–15%
Widest vertical range of the triangle from
Top wick: ~$105,700
Bottom wick: ~$100,700
Height = $5,000
Breakout level (horizontal mid-point of triangle):
Roughly $103,500 -104,000
Bullish Breakout Target:
$103,500 + $5,000 = $108,500
$104,00 + $5,000 = $109.000
108.5 to 109K will be your pure pattern target if BTC breaks to the upside with volume.
Bearish Breakdown Target:
98KFOR FUN I ASK CHAT GPT WHAT ARE THE ODDS WE BREAKOUT
Break Direction Target Confidence
Up (likely) $109,000 60–70%
Down (less likely) $98,000 10–15%
Trade active
I am longNote
Holding up well
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.
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.