Bitcoin Price Analysis - 1hr chart

Hi fellows,

As you can see, a classic pattern which we call a symmetrical triangle has formed on Bitcoin 1hr chart.
The pattern target is ONLY active once we have a breakout from the pattern, at around $9450.


Have a great day!
Abdulla

Order cancelled:

Bitcoin never broke $9450 level, so the trading idea is now canceled.
Lesson Learned: Never take a trade until price action confirms the next movement.

- Abdulla