Bitcoin btc / usd where will the triangle be broken?

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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.

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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

 

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