Buy zone 1: 89xx Buy zone 2: 79xx Target: 17100 - 19800
Break down expanding triangle Target 1: $6620 Target 2: $6177
BTC is currently being held above $7740. Since September 26, BTC has had three bounces from this support level. With later bounces, the peak is higher than the previous times. It is creating an Expanding Triangle Pattern. With the Expanding Triangle pattern, we still expect a strong rally from $7740 level, the target price recovery is at $9120. It is likely that...
Resistance: $8435 Support: $7740 4H: bearish
- Trend: bullish - Strong resistance at 920
- Break out successful - Strong support zone: 3900 - 4000