After two failed attempts, BTC is now trying to break out of a symmetrical triangle, suggesting a potential continuation to the upside.
Holding above the 61.8% Fibonacci retracement level
Symmetrical triangle is typically a continuation pattern
4H indicators are slightly oversold
2 higher highs
Holding above the 61.8% Fibonacci retracement level
Symmetrical triangle is typically a continuation pattern
4H indicators are slightly oversold
2 higher highs
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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.