BTC traingle breakout. Next target 17189 USDT?

BINANCE:BTCUSDT   Bitcoin / TetherUS
We can observe a breakout on de 2nd of January form a descending triangle (even tough this pattern is usually a bearish sign). We expect an move upwards matching the height of the triangle.

At the moment the price moves in a falling wedge , due to the preceding uptrend we can interprete this as a bullish sign. This is confirmed by stoch also beeing in the bullish area.We expect abreakout from the wedge . Fib may give resistance to a coming upmove of the price making it bounce back to the bottom of the channel.

In that case a new ascending triangle would be formed, again a bullish pattern . We consider a breakout to happen, causing a price move that could probably reach the red resistance line

Accum/dist is following the uptrend showing no selling pressure.

A buy order could be placed above the ascending wedge .
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Preise Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Schnellhilfe Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Schnellhilfe Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden