Bitcoin
Long
Updated

BTC Ascending Triangle

75
It seems like BTC is inside an ascending triangle. If you are not in BTC wait for breakout and re-test of the triangle.
Resistance 4.4 - 4.7k
Support: 3.9 - 4k (below 3.8k)

First target: 4.4 - 4.7k
Second target: 5.1k
Third target: 6k

Red = daily bearish orderblock or s/r
Green = daily bullish orderblock or s/r
Purple = 4H OB or breaker

Fat red line is the trendline wich has been broken in this chart!!! Note: this can be an bull trap.
Note
First touch of the 4H breaker zoomed-in snapshot

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.