Bitcoin Bullish Ascending Triangle Formation
Hello Viewers.
Bitcoin after a great rally and rejecting resistance at 11,000s, forming an ascending traingle (Bullish). Possible target zones have been testified through Trend based Fib-Extension. Possibility of rejecting from Above Zones and consolidation on 10,800s. Crucial point for stop loss is placed, with support of MACD, MOVING AVERAGES and RSI.
Bitcoin after a great rally and rejecting resistance at 11,000s, forming an ascending traingle (Bullish). Possible target zones have been testified through Trend based Fib-Extension. Possibility of rejecting from Above Zones and consolidation on 10,800s. Crucial point for stop loss is placed, with support of MACD, MOVING AVERAGES and RSI.
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.