ANALYSIS 🔎
- Bitcoin has been consolidating in a symmetrical triangle pattern.
- Symmetrical triangle is a build up chart pattern.
- A big move is imminent.
- We could see a breakout or a breakdown.
POSSIBLE PRICE ACTIONS
- Uptrend continuation ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Correction ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend continuation ⬆️: horizontal resistance level (R1), All time high (ATH) resistance (R2), MOON 🔼.
- Correction ⬇️: Horizontal support levels ( S1, S2).
Enjoy 🥂
- Bitcoin has been consolidating in a symmetrical triangle pattern.
- Symmetrical triangle is a build up chart pattern.
- A big move is imminent.
- We could see a breakout or a breakdown.
POSSIBLE PRICE ACTIONS
- Uptrend continuation ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Correction ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend continuation ⬆️: horizontal resistance level (R1), All time high (ATH) resistance (R2), MOON 🔼.
- Correction ⬇️: Horizontal support levels ( S1, S2).
Enjoy 🥂
