10.04.2023

2221

1 min

BTC (4H)

On the four-hour timeframe, bitcoin implements an ascending triangle pattern. The upper edge of the triangle and resistance is the $28 600 level, which bitcoin has been trying to overcome since mid-March. Support is a local uptrend, which at the moment passes near the $27 800 level.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

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