ChampsMoneyConcepts

BTCUSDT FAKE BREAKOUT IDENTIFIED

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has recently done a fake breakout on the upper boundary of the triangle formed. Here we are expecting a price fluctuation inside the triangle for some time under the hourly timeframe. We should watch closely on this triangle for a possible breakout confirmation. Highs probability for a bullish breakout and a rally since we are on a strong bullish trend at the moment.

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.