@thomas9665 on BTCUSD | PriceONN Community
Observing a potential ascending triangle forming on the BTCUSD hourly chart. Resistance seems to be consolidating around the 68200 level, while the ascending support line is currently near 67700. A breakout above 68200, coupled with strong volume, could signal a continuation of the bullish trend, potentially targeting 68800 initially. However, failure to break resistance and a subsequent break below the support line could lead to a test of the 67000 level. Monitoring RSI divergence closely for confirmation either way. Need to be nimble given the news flow.