Bitcoin is forming triangle in hourly chart with 11400 as the base resistance.A definite close above 11420 will take BTC to 11650. Both RSI and Stochastics are emerging from the over sold condition and is a bullish for BTC. Traders need to wait for close above 11420 to go long aggressively.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.