To break through the triangle, I jumped on a trade on the long side with potential targets. We broke through the triangle on the 15-minute chart. But apart from that, we are also in the FallingWedge pattern, whose current target should be around $70,000
1. 66 698
2. 67,967
1. 70,071
I set my SL to 64.240
In the picture you can see a 4-hour chart on which the forming fallingwedge pattern is marked, the potential target could be from 6900 to 70500 dollars per Bitcoin. But of course it is difficult to estimate what the market will really do. But I expect to buy back the entire slump caused by the war in Iran.
As you can see on the chart, a potential inverted H&S Pattern is marked, which when we confirm and break the value of 40200, our potential target can be 41400-41800
Beware of the inverted H&S pattern, which can push the price up after breaking through the resistance, as a confirmation in the support. There may also be a rejection and I expect a bounce from the support green line.
