BTC has broken that resistance around the 34000 - 34500 dollar area and has also retested it as support which is a very good sign so far. It is starting to trade at the upper end of this triangle pattern which might suggest a bit of bullishness.
It is still trading within the 4hr red ichimoku cloud and if we see it overcome this area and turn it into support that will be a very good bullish sign.
Hopefully we can see BTC trade outside of this triangle soon.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
It is still trading within the 4hr red ichimoku cloud and if we see it overcome this area and turn it into support that will be a very good bullish sign.
Hopefully we can see BTC trade outside of this triangle soon.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.