Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Traders are watching Bitcoin (BTC) as price action tightens. The stock is trading at $74205.32, down 0.38% on the day. Price action has carved out a classic Ascending Triangle. Volume is strong (1.64x avg) with moderate trend strength (38.0). A potential breakout level is identified at $75988.4, targeting $87005.09 with support near $66610.63 (R:R 1.17).
What is your outlook on BTC?