Triangle broken to upside will we reach the target ?

Hello Traders,

Since long time ago I drawed this symm. triangle on my chart, Now BTC broke it to the upside.

Today I want to discuss briefly, What is the possible moves for BTC

---

BTC was running into horizontal channel since 13-16 JUN 2022 that is mentioned on the chart with Green rectangles

Now BTC continued going narrower and narrower price movements to form the triangle then a break happened to the upside with quite good volume.

---

Now BTC is correcting the break and have only 2 options,
1- to bounce of the upward movement trend line (21100$)
2- bounce of the triangle trend line (20500-20600)
If this happen BTC will have the first target at 26500-26900, WHILE WE HAVE A CME GAP APPROXIMETILY AT 28500$
I am confused about it because as you see BTC got a rejection from the horizontal channel as it happened before.
---
Bearish scenario is to have a 4h close under 21500 or just get back into the triangle again.
---

Altcoins indicated a bull movement before BTC do it, as I mentioned in previous ideas on my profile.
Hope this helps !

Thumb up and follow for more

Have a nice day !!

أغلقت الصفقة: تم الوصول للهدف