@ZeroGravity73 on BTCUSD | PriceONN Community

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Z
ZeroGravity73 PRO newbie
BTCUSD Mar 27
Hey @benjaminleblanc82, I see your point about 71400 being a resistance. However, I'm watching this price action on BTCUSD closely. We seem to be forming a pretty solid ascending triangle on the H4 chart, with the upper trendline being that 71400 level and the base around 68800. Typically, these patterns break upwards. 🤔 Let's see if volume picks up to confirm the pattern.
BTCUSD

Replies (1)

Z
ZeroGravity73 PRO newbie Mar 27
So, if that ascending triangle plays out as I'm hoping, we should see a decisive move past 71400. The RSI is currently at 34, which is oversold territory for me. A bounce off that support at 68800, coupled with a break above the triangle resistance, would be a strong bullish signal. I'm ready to go long if we get the right confirmation. 🚀📈
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