BTC/USD Triangle. Medium-term and local work 07 06 2024Logarithm. The time interval is 3 days.
This idea is a continuation of the previous one, published more than half a year ago
Local trend BTC/USD 19 11 2023
An ascending triangle (conditionally bullish) is forming. The percentages of its realization and key support/resistance levels are shown. Similarly, key reversal levels are highlighted in yellow and indicated with arrows.
The Gann fan is also constructed to understand the dynamic support/resistance areas of the trend as the price movement develops in the future.
Remember, this is a phase of Dow Theory — participation, i.e. majority participation. I suggest paying attention to altcoins that are not caught up in the news backdrop.
Line chart.
Secondary trend .
BTC/USD bowl. Breakthrough 64-72. Cyclicality. Nasdaq - BTC.
Major trend .
BTC/USD Halving 518 When will be the cycle price low and high.