Bullish Ascending Triangle on XBTUSD, Possible 6000 retest soon.
Keeping it simple: we have a clear ascending triangle shown in Orange. Might see another touch of the rising support line around 5160 (which also coincides with our horizontal support zone that has been tested twice), and so long as we hold that support again, there is a good shot we will see this break to the upside with a target in the 6000 region.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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Removed the horizontal lines to make it a bit easier to see:
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Decent break up to 5650, but pulled back pretty quickly: