BTCUSDT "Ascending Triangle"
BTCUSDT "Ascending Triangle"
The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, BTCUSDT is in the range of Rs 19,120$. If the pattern continues, the price of BTCUSDT might reach the resistance levels of Rs 20,500$. If the trend reverses, then the price of BTCUSDT may fall to Rs 18800$
Trading Level ✅
Entry Point - 19400$
Stop Loss - 18800$ (Previous Swing Low)
Target - 20500$
Happy Trading
The above chart of BTCUSDT laid out an Ascending Triangle .The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending triangle pattern.
Currently, BTCUSDT is in the range of Rs 19,120$. If the pattern continues, the price of BTCUSDT might reach the resistance levels of Rs 20,500$. If the trend reverses, then the price of BTCUSDT may fall to Rs 18800$
Trading Level ✅
Entry Point - 19400$
Stop Loss - 18800$ (Previous Swing Low)
Target - 20500$
Happy Trading
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.