BTC symmetrical triangle
#BTC/USDT
short-term analysis.
BTC is inside a symmetrical triangle between 0.5 and 0.386 fib levels of the last swing high.
🐻 bearish flag can drop price to break out from lower line toward 0.5 fib level at $22700.
🐮 the upper line of flag is the same with descending resistance zone, that makes this zone strong.
BTW if price breaks out from this zone price possible to move up toward resistance zone above $23500.
short-term analysis.
BTC is inside a symmetrical triangle between 0.5 and 0.386 fib levels of the last swing high.🐻 bearish flag can drop price to break out from lower line toward 0.5 fib level at $22700.
🐮 the upper line of flag is the same with descending resistance zone, that makes this zone strong.
BTW if price breaks out from this zone price possible to move up toward resistance zone above $23500.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.