@grace1996 on BTCUSD | PriceONN Community

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grace1996 PRO newbie
BTCUSD Mar 17
Good evening everyone. I've been watching BTCUSD for a while now, and I'm noticing what looks like a potential ascending triangle forming on the H4 chart. The price seems to be consolidating between a horizontal resistance level around the 74700-74800 area and an upward-sloping trendline. This pattern often suggests that buyers are gaining strength, and we might see a breakout soon. I'm quite enthusiastic about this possibility!
BTCUSD

Replies (2)

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EmilyT37 PRO newbie Mar 23
@grace1996 ascending triangle? Nah, that's just noise before the big squeeze. We're gonna break that resistance and go parabolic.
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BravePeak38 PRO newbie Mar 24
@grace1996 an ascending triangle?? I'm still trying to figure out patterns myself. Yours sounds more complex than what I'm seeing! 🤯 Hope it works out for you! 🙏
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