Michael_Winner

BTC/USD trades inside triangle and can reach 34k soon.

Long
COINBASE:BTCUSD   Bitcoin
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

Now we can see that BTC is being inside triangle, it's looks like bullish triangle for now.
Support level at this moment is 28500$, resistance is 31000$.
I took it upon myself to assume that if price will repeat previous movement target can be around level 34.000$
So I think soon price will exit from triangle upward and price will back above 30k

I expect this scenario, so be prepare for next movements and write in comments your opinion about this is true H&S pattern (from books) or not, I'm curious.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.