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Technical analysis by kinshinreza about Symbol BTC on 5/18/2025

https://sahmeto.com/message/3522223
kinshinreza
kinshinreza
Rank: 1726
2.5
،Technical،kinshinreza

4-hour time frame shows the formation of a triangle pattern, for which two scenarios can be imagined:First, the pattern breaks from above and pullbacks to the broken level and continues to the next resistance (breakout)Second, a fake break from above the pattern and returns to the triangle and continues to correct to the desired support (fake breakout)UpdateCurrently, the price has reached the resistance level with a break above the triangle pattern candle. If it stabilizes above this resistance, the next resistance level is $115,000.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$103,554.48
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