@AGarcia6 on BTCUSD | PriceONN Community

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AGarcia6 PRO newbie
BTCUSD Mar 11
Hey everyone, I'm seeing a potential ascending triangle forming on the BTC chart, especially on the H4 timeframe. The series of higher lows is pretty clear, and we're testing that resistance around 70300 again. If we can break through with some volume, I think we could see a nice move up towards 71k and beyond. Anyone else seeing this pattern?
BTCUSD

Replies (1)

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AGarcia6 PRO newbie Mar 11
Just wanted to add, I'm keeping an eye on the RSI as well. Right now it's around 53, which is neutral, but if we get a breakout and the RSI pushes into overbought territory, that could signal a strong continuation. Also, the 20 SMA is about to cross above the 50 SMA – another potentially bullish sign. I'm waiting for more confirmation before golong though, don't want to get fomoing in before its confirmed.
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