Bitcoin Ascending Triangle
Updated
As many have said the next two weeks are a critical period for Bitcoin.
Looking at the chart, we can see that ichimoku points to a bullish future with the cloud already angulating towards the upside.
The best part is Williams %R creeping its way to oversold territory, all the while as price/sentiment is maintaining strength.
Looking for a Kijun-bounce shakeout for a position add-on.
A close below Kijun warrants a full position close.
Ya'll have a great weekend.
-Belmont's Rival
Looking at the chart, we can see that ichimoku points to a bullish future with the cloud already angulating towards the upside.
The best part is Williams %R creeping its way to oversold territory, all the while as price/sentiment is maintaining strength.
Looking for a Kijun-bounce shakeout for a position add-on.
A close below Kijun warrants a full position close.
Ya'll have a great weekend.
-Belmont's Rival
Note
Please note that bullish Kumo future is still weak and developing. This implies weak support and a possible bear continuation.
A shakeout at the 3800 is expected at this point as the Kumo twist often yields a magnetic effect
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