BTCUSD Technical Analysis Breakout imminent

Based on the triangle's forming and local support areas, and the martin trendline indicator on the 4hr timeframe we are still bullish But will need to post chart screenshots to explain further.

TLDR; Looks like we're going to 68/6900 quickily.

Anmerkung

3HR Chart RSI and OBV trending up with martintrendline candles showing bullishing breakout likely.

Anmerkung

2HR Timeframe trend in OBV and RSI more nmoticeable, more solid green candles on martin trndline in the oval highlight areas.

Anmerkung

1HR Timeframe shows even more solid green candles lately, when seen inside the triangle points to a break upwards. As with most of the charts the highest volume spikes in the oscillator are around bullish movements.

Trade ist aktiv

30M Time frame shows very strong bullish pressure on with the martin trendline indicator. Id say long here to 6800 area maybe a small pull back to the lower triangle support. could go either way though. tight stop losses at $6484.

Anmerkung

Similar action to the last restest of the top of the parallel formed from the peak in December. Retest of the big triangle formed by the ATH.

Anmerkung

Looking like this is invalid

Anmerkung

Still can't tell if this is gonna go up or down.

Trade geschlossen: Ziel wurde erreicht

Went a smidge higher than i tought, touched $6850. Not sure how sustainable this rally is but id say we see at least a test of 7000 area.

Silvertoe

Verbundene Veröffentlichungen

BTCUSD Possible breakout coming UP OR DOWN Unclear

von Silvertoe

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.