Technical analysis by DAY11 about Symbol BTC on 7/19/2025

#btc BTC Lets go straight into chart - Given 4h chart and btc is forming ascending triangle pattern , This is characterized by two converging trendlines, with the upper line connecting a series of lower highs and the lower line connecting higher lows, forming a symmetrical shape. The breakout direction is typically uncertain until it occurs, but the pattern often suggests a continuation of the current trend. I would like to wait for the break out and as usual confirmation with volume. Long or Short position depend on break out , IF - 1. Break out happen upside - Long - $120k , Stop Loss - $116k, Target - $127k, 2. Break out happen down side - Short - $117k, Stop Loss- $120k, Target- $109k, Before diving - Do Your Own Research.