CobraVanguard

BTC's Situation: What Shall we Expect

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi.
BTCUSDT

Today, I want to analyze BTC for you in a 9H 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).

It appears to be moving within a symmetrical triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected.

✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 AB=CD
🟢symmetrical Triangle

Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Trade active
Comment:
The triangle is broken
#Active #proof

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