Bitcoin 70000- 75000- ... ????
After nice breakout, the price managed to breakout through the median of the pitchfork which is the golden line
the green lines are following pitchfork acting as support and resistance on higher time frame
the greenish zone is the 4h halting zone is the price breaks the golden line
it is consolidating and forming triangle pattern
not gonna go short the trend is up but this looks like a pullback or buildup, profit booking from previous trend buyers
long is the price get rejections from golden line with strong bullish candle
can trade after the breakout of triangle pattern
the full range of pitchfork ive drawn has indicated max 77500 levels but with some slight pullbacks and corrections
the green lines are following pitchfork acting as support and resistance on higher time frame
the greenish zone is the 4h halting zone is the price breaks the golden line
it is consolidating and forming triangle pattern
not gonna go short the trend is up but this looks like a pullback or buildup, profit booking from previous trend buyers
long is the price get rejections from golden line with strong bullish candle
can trade after the breakout of triangle pattern
the full range of pitchfork ive drawn has indicated max 77500 levels but with some slight pullbacks and corrections
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