Support is being respected, triangle is stretching.
BTC is resisting at the current green line support, which tells me it will be heading up slowly until it breaks the big old red resistance line from the 20k.
Good news are coming out and the fear of another bearish move is decreasing, so on my view there will be a slow move to the upside in between that triangle.
Leave your feedback, and have a good one.
Good news are coming out and the fear of another bearish move is decreasing, so on my view there will be a slow move to the upside in between that triangle.
Leave your feedback, and have a good one.
Related publications
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.