BTCUSD Bullish channel up vs triangle consolidation

We can see that BTC perform 2 pattern :

BULLISH CHANNEL UP
This pattern still perform but cannnot break triangle resistance.
to make sure bullish, $71.472 must break up and if we have it, next bullish target at any price at channel up resistance
but before this pattern broken down, we still have one classic support and resistance around fibonacci 0.382
$68.544 will hold bearish.

TRIANGLE PATTERN
This is neutral pattern, target depend on breakout direction.
If this pattern broken down, bearish target around fibonacci 2nd support level at $66.169

I will monitoring this analysis, and update as soon as possible if we have a break out
dont forget to support this analysis to get a quick notification for it.

Zlecenie aktywne:

For now, classic support able to hold bearish movement at 4 Hour timeframe, but still no bull sign yet

Dont forget to support and share.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Bearish target reach, this analysis closed.