After iH&S neckline breakout $BTC is trying to get back into symmetrical triangle that it broke down on June 10th.
I'm closely watching symmetrical triangle supported turned resistance now (circled), if Bitcoin manages to close above that trend line I'm pretty optimistic price would hold in this range for long time.
I'm closely watching symmetrical triangle supported turned resistance now (circled), if Bitcoin manages to close above that trend line I'm pretty optimistic price would hold in this range for long time.
Trade ist aktiv:
After a slight pull back Bitcoin is attached triangle resistance again, looks set to close above it and that would be a great sign though 100 day MA resistance is hovering just above it
Trade ist aktiv:
Great daily close today. Managed to close above triangle resistance, expecting it to trade within this triangle now and then attempt to break upper trend line resistance of this triangle.