NajjarTrading

BTC SYMMETRICAL TRIANGLE FORMED (TARGETS)

POLONIEX:BTCUSDT   Bitcoin / Tether USD
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We can see that BTC formed a symmetrical triangle on the low time frames. If we break from below, we will go to our 38k support, then 37k, it would also be a retest of the channel that we broke above.

However, if we break to the upside we will go to 42k as our first target, then 44k and 45k.

Support: 39.6k
Resistance: 40k

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What do you think?

Good luck traders,


Not financial advice
Manage risk and leverage
DYOR


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