A nice triangle has been configured on the daily chart, the break of which will lead to an important movement in prices.

I hope that it will break upwards, projecting us towards 37K (important resistance) which if broken could break down the 40K wall. The stochastic is not very encouraging.

A break to the downside will trigger a descent to the support at 27244.

Of course if we have a daily close above 37350 I believe BTC will take flight.

In your opinion, what are the chances of it going up? Let me know in the comments.

Log in to Publish0x:

https://www.publish0x.com/?a=oQeZ4DR6bp

Link telegram: Follow me on Telegram for more details during the day, it's free and not just crypto, test my signals    https://t.me/joinchat/_J8vQO5jNPBlYTg0

Register an account on Binance to get a 5% discount on commissions forever and other advantages that you will discover by contacting me:   https://www.binance.com/it/register?ref=NG0GOL6H

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Thanks for reading

Gafico from tradingview.com