Bitcoin rocket getting fueled up or not ?
In a few hours we will get to know if bitcoin will break up the triangle pattern on the daily chart.
In a few hours we will get to know if bitcoin will break up the triangle pattern on the daily chart.
Comment:
As you can see bitcoin just fell under the Green flag pattern which seems that we're gonna have to wait a little longer for our new high target to be hit. As long as we're inside the Pink triangle pattern the support level won't be below $7400 and that won't stop us from hitting new highs.
Comment:
As you can see we have strong support line at $7400, in the mean time we will see if it breaks that support line or not. I'm very optimistic once it breaks the descending triangle as we draw it on the chart, we will have new highs