Technical analysis by Saifshabsug about Symbol BTC on 8/4/2024

In my latest analysis of the BTC/USDT pair on the 4-hour chart, I've identified an ascending triangle pattern forming with clear take profit levels for both long and short positions. The price is currently consolidating and poised for a breakout.#### Key Points:- **Current Price:** $60,304.8- **Long TP Levels:** - **1H:** $68,597.1 - **5M:** $66,078.9 - **5M:** $64,507.3 - **1M:** $64,092.1- **Short TP Levels:** - **4H:** $40,639.6 - **D:** $33,335.6 - **D:** $30,056.9The price is expected to hit these take profit levels, aligning with the trend lines and support/resistance zones shown in the chart. Keep an eye on the breakout direction and adjust your positions accordingly.Trade safely and happy trading! 🚀📈#BTC #Bitcoin #Crypto #Trading #TechnicalAnalysis #CryptoTrading #TradingView