BTCUSD sitting at support, potential ascending triangle breakout for BITFINEX:BTCUSD by cryptovan168

TradingView

Ideas
Markets
Scripts
Screener
Chart
More

Long

Bitcoin / U.S. Dollar (BITFINEX:BTCUSD)

BITFINEX:BTCUSD Bitcoin / U.S. Dollar

155 views

trendanalysis supportandresistance chartpattern waveanalysis btc bitcoin btcusd ascendingtriangle cryptocurrency bitcoinforecast support chartanalysis

From the chart, we could see that BTCUSD had failed several times to break the 3800 price level.
An ascending triangle is shown in the chart.

This is not a financial/trading advice.

Goodluck!

cryptovan168

Comment: Brake the upward sloping support, expect it to go down.