CobraVanguard

Bitcoin On The Way To 85K!!!

Long
COINBASE:BTCUSD   Bitcoin
Hi.
BTCUSDT

Today, I want to analyze BITCOIN for you in a 9H time frame so that we can have a SHORT-term view of BITCOIN regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).

BITCOIN is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.

✅ Due to the Ascending structure of the chart...
🟢 BITCOIN has been Bullish Recently!
🟢 The odds of another Bullish Movement is High!
🟢 Ascending Triangle is Visible on The chart!
🟢 No break out yet!


Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

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