Skyrex

BTCUSDT is about to Break out of Triangle

Long
Skyrex Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Moving averages and Momentum indicates a good moment to buy, the volume is also rising it went above $500 bln. first time during this February. The price reached Fib 0.618 and didn't managed to break through resistance. However price consolidated and bounced from bottom edge of ascending channel near the strong support level of $10000. We expect further volume growth which will bring the price out of the triangle and hence will start a journey to the new ATH.
Comment:
This has happened BTC price broke our of the triangle
Trade closed: target reached

Explore exclusive content:
t.me/skyrexio
x.com/skyrex_io

AI trading bot for Binance, Bybit and OKX:
app.skyrex.io

Safe. Automatic. Non-custodial. Profit sharing based. Learn more at skyrex.io
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.