BTCUSD | Ascending Triangle

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Price formed an Ascending Triangle. In case there is a breakout of Horizontal Resistance, the pattern will be confirmed and we can initiate a long position.

Also if price takes a correction we can initiate a long position in case there is a confirmed retracement of the Support Trendline

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.