A nice triangle has been configured on the daily chart, the break of which will lead to an important movement in prices.
I hope that it will break upwards, projecting us towards 37K (important resistance) which if broken could break down the 40K wall. The stochastic is not very encouraging.
A break to the downside will trigger a descent to the support at 27244.
Of course if we have a daily close above 37350 I believe BTC will take flight.
In your opinion, what are the chances of it going up? Let me know in the comments.
Log in to Publish0x:
https://www.publish0x.com/?a=oQeZ4DR6bp
Link telegram: Follow me on Telegram for more details during the day, it's free and not just crypto, test my signals https://t.me/joinchat/_J8vQO5jNPBlYTg0
Register an account on BINANCE to get a 5% discount on commissions forever and other advantages that you will discover by contacting me: https://www.binance.com/it/register?ref=NG0GOL6H
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
Thanks for reading
Gafico from tradingview.com