Bitcoin
Pembelian

BTC Breaks Bullish Ascending Triangle on Low Volume_Eyes $10K

52
BTC broke the ascending triangle pattern, typically a bullish interim consolidation pattern. Height of ascending triangle is approx 20%, suggesting a pattern price target of $10,000, approx 20% above current levels. Concerning to see the low volume on the breakout above the ~$8,500 resistance level. Low volume could be a result of the US holiday / weekend but nonetheless is reason for concern. Would like to see some follow-on volume come Tuesday 5/28 to confirm the breakout. Normal to see a retest of the top of the triangle around 8.5K so that's in important level to watch. Exciting times.

Michael

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.