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Cocococo2
Jul 10, 2021 1:00 PM

Ascending Triangle Long

Bitcoin / TetherUSBinance

Description

As you can see in the chart BTC appears to be in a ascending triangle highlighted in the red. 33,700 was a resistance, that seems to be holding as a support now. Putting current sell resistance is around 34,300. If btc can push through 34,300, 35,200 would be the next resistance. Then 38,200. Any strong sell pressure under 33,700 puts btc back down to the 32 level. Under 32k, 30k,28k follows. Expect a big move in either direction here.
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