🚨 $BTC UPDATE 🚨
Trade setup: Trends are mixed but improving. It's broken above $60K resistance and out of Symmetrical Triangle pattern and could revisit $72K. It's now retesting that breakout level. Stop Loss at $57K.
Pattern: Symmetrical Triangle, which is a neutral pattern, suggesting indecision in the market. Although it could break either up or down, it usually breaks in the direction of the prevailing trend (i.e. continuation not reversal).
Support and Resistance: Nearest Support Zone is $56,500.00, then $50,000.00. Nearest Resistance Zone is $72,000.00.
