BTC has been trending in this symmetrical triangle since mid-June. The support line has been respected since early April, being a previous resistance.
BTC is showing early signs of bounce from this support line once again. RSI has formed a higher low which shows bullish divergence.
I am long and targeting near the top of the triangle, around $11250.
BTC is showing early signs of bounce from this support line once again. RSI has formed a higher low which shows bullish divergence.
I am long and targeting near the top of the triangle, around $11250.
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Disclaimer
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.