CobraVanguard

BITCOIN can ascend further ! What Shall we Expect ?

Long
COINBASE:BTCUSD   Bitcoin
Hi.
BTCUSDT

✅Today, I want to analyze BTC for you in a 4H time frame so that we can have a Short-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).

As you can see, BITCOIN is in an ascending channel and also recently managed to break the ascending triangle, if the price follows this pattern AB=CD will happen and the price will grow to top of the channel.

✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Ascending Triangle
🟢 bullish channel

➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.

Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

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