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Vanogar
Dec 1, 2023 12:46 PM

Bitcoin Bullish Outlook Long

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Description

Bitcoin breaks the upper ascending triangle trendline with three white soldiers visible in 4H chart. My target is based on the previous pole, 35% rally to 50k or atleast will hit the supply zone around 47-49k USD. Very promising indeed but don't forget to anticipate a fakeout.

Comment

The price reached 47k.

Still has room for 51k, on track based on my 35% rally analysis.

Trade closed: target reached

50k hit
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