Bitcoin short term buy oppurtunity.
Price is action looking good, with a bullish pennant / ascending triangle looking to breakout. Moving averages, RSI and MACD showing reversal signs. I still believe we are in a bear market and there is not much volume at the moment so could see a reversal again to the down side anywhere from around 7850 up to 10 000.
Trade active
Resistance broken
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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.