The potential formation of a symmetrical triangle ... 18k targe
On the weekly chart, XBT forms a symmetrical triangle, the output of which can lead to a price of 18k, is this possible?
The news background is full of positive news, also in + there is a trade war between the United States and China. On the monthly timeframe, the price hit the resistance created by the closures of the last 2 monthly candles. Most likely, the price expects a pullback, after which an attempt to organize another exit up. Against the background of declining volumes, it is hardly believed in breaking through the upper boundary, but touching wicks is still possible
The news background is full of positive news, also in + there is a trade war between the United States and China. On the monthly timeframe, the price hit the resistance created by the closures of the last 2 monthly candles. Most likely, the price expects a pullback, after which an attempt to organize another exit up. Against the background of declining volumes, it is hardly believed in breaking through the upper boundary, but touching wicks is still possible
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