Potentially a strong support for Bitcoin will be this ascending triangle support that equally matches the 100 EMA on the weekly timeframe. It would be scary but structurally sound and poised for continuation moving forward.
Short term Bearish, Long term Bullish.
Short term Bearish, Long term Bullish.
Trade closed: target reached
The trend line has been met! Will it hold? Good luck everyone. Tight stop losses ;)
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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.