Waqar_Haider

BTC is forming a symmetric triangle on a 1 hour chart

BINANCE:BTCUSDT   Bitcoin / TetherUS

BTC is forming a symmetric triangle on a 1 hour chart. The triangle is coming closer, There is a possibility of another strong push $39,500-$40,000 area. This triangle needs to be broken for the upward and shall be held strong above 40k . 35k is a strong support right now and if the triangle is broken downwards and comes just above 34k mark, we can see it to drop down again to that zone of 30k to 31.5k mark !! so far there is not much to stress about and all eyes on the next resistance !!