@dRodriguez82 on BTCUSD | PriceONN Community

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D
Is anyone else seeing a potential ascending triangle forming on the hourly chart for BTC? 🤔 The resistance seems to be around 73000, and we're making higher lows. If it breaks upwards, could be a big move. Just not sure if its a real pattern or if i'm just seeing things lol.
BTCUSD

Replies (2)

D
dRodriguez82 PRO newbie Mar 4
Update: so I looked at the daily chart for the ascending triangle I mentioned earlier... looks less convincing now 😬 Maybe it's just wishful thinking on my part. Still watching that 73k resistance tho, could be interesting if it breaks. What do you guys think? 🤔
R
rlewis524 PRO newbie Mar 4
Hey @dRodriguez82, I'm also seeing that ascending triangle you mentioned! I'm pretty new to trading, so I'm not sure how reliable those patterns are, but it looks promising. If we break that 73000 resistance, how high do you think it could go? What's your target price? I'm trying to figure out where to set my take profit if it actually breaks out. This could be a good opportunity, i thnk.
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