Broke out of descending resistance, but held historic support line. Very simple but bullish pattern, has proved buying pressure at supply zone and denied downward trend. BTC price action and upcoming earnings should prove to be a worthy catalyst for a run toward $48, at 0.5 retracement of it's initial rally.
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.