BITCOIN long term movement on triangle pattern ๐๐ก
1735
Hello ๐ Based on the chart, the price is close to the parallel channel support area and in triangle pattern, if the price doesn't break the support zone to the downside and form the ascending channel, we will see more gain, at least to our upper trend line ๐ otherwise we can see more correction to lower support level before hitting the upper resistance area โ๐งจ if the price complete the breakout of the parallel channel to upside, even we can expect more gain and ATH ๐ก๐๐
๐ Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) ๐๐ก
Please, feel free to share your point of view, write it in the comments below, thanks ๐
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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.