Bitcoin BTCUSDT – New parallel channel!
– We have a new parallel ascending channel on the 4h chart.
– Bulls need to break this channel to the upside, for continuation in this uptrend.
– The previous triangle structure can be definitely re-tested in the future, so be prepared for this case.
– But a major trendline from 10. November 2021 is now broken, so the trend switched to a bullish trend .
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– Check my related ideas about bitcoin below!

