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BTC - Strong Symmetrical Triangle - RSI bullish divergence
Bitcoin
Long
BTC - Strong Symmetrical Triangle - RSI bullish divergence
By SheaBarry
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Aug 22, 2019
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Aug 22, 2019
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.
Bitcoin (Cryptocurrency)
BTC
btcusdlong
Chart Patterns
crypto
Cryptocurrency
daytrading
ETH
Technical Indicators
swingtrading
Trend Analysis
SheaBarry
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